Some people feared that because the fiscal cliff debacle resulted in many year-end changes to the tax laws, the IRS would have to delay the start of the tax filing season this year in order to update its tax forms and processing systems. There is good news and bad news on this front.

First, the good news is that the IRS has acted quickly and has completed the updating of most of its most popular forms. This means that the vast majority of tax filers — more than 120 million households — should be able to start filing tax returns starting Jan. 30.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top