McAlester News-Capital, McAlester, OK

Breaking News

Features

January 28, 2013

IRS to open tax-filing season 8 days later because of fiscal cliff

WASHINGTON —

Put down those calculators and step away from the kitchen table, for now at least, because tax season will start a little later this year.

The Internal Revenue Service said it would start processing individual tax returns on Jan. 30, eight days later than it had planned, because of the various changes to tax laws made in the fiscal cliff deal.

Unfortunately for procrastinators, Washington’s political dysfunction won’t delay the coming of the tax man — April 15 still is the deadline to file.

Higher tax rates on household income above $450,000, an inflation adjustment to the alternative minimum tax and other provisions of the deal enacted last week mean the IRS has to make last-minute changes to forms and computer software.

That’s going to cause those eager to get their tax refund to have to wait.

“We have worked hard to open tax season as soon as possible,” said Steven T. Miller, the agency’s acting commissioner. “This date ensures we have the time we need to update and test our processing systems.”

The expiration Dec. 31 of the George W. Bush-era tax cuts, as well as other tax provisions, led to concerns last month of more extensive delays as Congress and the White House wrangled over a deal to avert the economic damage of huge tax increases.

The IRS had warned that failure to make the annual adjustment to the alternative minimum tax — designed in 1969 to ensure the very wealthy paid income tax but flawed because it was not indexed to inflation — could have delayed tax filing this year for 100 million people until at least the end of March.

But a deal on taxes resolved those issues and will allow the IRS to start processing most electronic and paper returns on Jan. 30. The agency said there is no advantage to sending in paper returns before that date because it would not process them.

Text Only | Photo Reprints
Features
Seasonal Content
AP Video
Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Obama Offers Condolences at Dutch Embassy Cat Fans Lap Up Feline Film Festival Raw: Lawmakers Scuffle in Ukraine's Parliament The Rock Finds His Inner 'Hercules' Michigan Plant's Goal: Flower and Die Raw: MH17 Passenger Remains in Kharkiv, Ukraine Raw: Israel Hits Gaza Targets, Destroys Mosques Veteran Creates Job During High Unemployment New Orleans Plans to Recycle Cigarette Butts
NDN Video
Samsung Pre-Trolls The IPhone 6 With New Ad Jimmy Kimmel Introduces His Baby Girl Swim Daily, Nina Agdal in the Cook Islands Guilty Dog Apologizes to Baby for Stealing Her Toy Prince George Turns 1 and is Already a Trendsetter Train Collides With Semi Truck Carrying Lighter Fluid Kanye West Tells-All on Wedding in "GQ" Interview Tony Dungy Weighs in on Michael Sam Scarlett Johansson Set To Marry In August New Star Wars Episode XII X-Wing Revealed Obama: Putin must push separatists to aid MH17 probe Michigan inmates no longer allowed to wear orange due to 'OITNB' Adam Levine Ties the Knot Sebastian The Ibis Walks Beautiful Bride Down The Aisle | ACC Must See Moment NASA Ceremony Honors Moon Walker Neil Armstrong Faces of Souls Lost in Malaysian Plane Crash 105-year-old woman throws first pitch Man Creates Spreadsheet of Wife's Reasons for Turning Down Sex 'Weird Al' Is Wowed by Album's Success Rory McIlroy struggles, surges, wins British Open
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.