Tax Law
Due to Fiscal Cliff Slowdown, IRS Delays First Day for Income Tax Filing to Jan. 30
The usual April 15 deadline for filing federal income tax returns still applies.
But last-minute fiscal cliff negotiations over stalled federal budget issues prompted the Internal Revenue Service to delay by eight days the beginning of the tax-filing season. Those who are organized enough to file early can now do so no sooner than Jan. 30, the Los Angeles Times’ Money & Co. blog reports.
The deal reached last week by U.S. lawmakers meant the IRS had to make some changes to reflect new provisions before accepting tax returns.
“We have worked hard to open tax season as soon as possible,” said Steven T. Miller, who serves as acting commissioner of the IRS. “This date ensures we have the time we need to update and test our processing systems.”
