Fiscal Cliff Pushes Back Tax Season

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Updated: 1/10/2013 12:57 pm
If you were one of those who looked forward to a little early year money courtesy of filing your tax return, looks like you are going to have to hurry up and wait.

Because of Washington’s inability to come to a deal to avert the fiscal cliff sooner, the Internal Revenue Service pushed back the date when taxpayers can file their 2012 taxes with January 30 now the kick off to tax season.

The late start is because the IRS had to make revisions to systems and forms used for taxes and Daniel Call, Owner of Liberty Tax Service, says those likely to be affected the most by the change of date are low income filers.

"They're cash strapped, they've just got out of Christmas and the beginning of the year and so they have all these bills they've got to pay," said Call, "and this refund for them could actually help eliminate some debt, put some food on the table, keep them in their apartments, things like that. We see a lot of needy families that need refunds coming in, and they look forward to it, wanting to send it off the first day and this year it's going to be delayed. The IRS isn't going to get refunds out at the earliest middle of February, most likely on the 20th, 21st of February."

Even though the start of the tax season is getting off to a late start, the deadline to file still remains unchanged at April 15.
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