January 31, 2013
New Tax Law: American Tax Relief Act of 2012 On New Year's Day 2013, Congress passed the much-talked about fiscal cliff tax legislation, The American Tax Relief Act of 2012, which was signed by President Obama.
The IRS recently announced that it will start processing 2012 tax returns for the majority of taxpayers on January 30, 2013. This opening date is a week later than previously announced, and affects both e-filed and paper-filed returns.