Tax filing season is upon us

Posted at: 01/09/2013 6:23 AM

The Internal Revenue Service says it will begin accepting 2012 federal income tax returns from about 80-percent of all filers on January 30.
Others will have to wait until late February or March to file while the IRS updates forms and tests its processing systems following those late changes to federal tax laws in the fiscal cliff deal.
That group includes people who claim residential energy credits, depreciation of property or general business credits, most of which typically file closer to the April 15 deadline.