Most of you will be getting your W-2s soon if you haven't already.
But, is it okay to go ahead and file your taxes now following the last minute Fiscal Cliff deal?
Lawmakers in Washington held out until the very end reaching a Fiscal Cliff agreement.
And that left the IRS with some last-minute changes of its own.
The IRS announced yesterday if you are E-filing, and most of us do, you will not be able to transmit your return to the IRS until the 2013 filing season opens January 30.
Carrie Bareis, who co-owns Liberty Tax Service says, "This is huge. No one will receive a tax refund before February."
That's a couple weeks later than normal.
"We have worked hard to open tax season as soon as possible," IRS Acting Commissioner Steven T. Miller said. "This date ensures we have the time we need to update and test our processing systems."
But, Bareis says it's okay to go ahead and get your documents together and take them to your tax preparer now.
"It isn't really that uncommon that there would be late season changes in the tax law. This is fairly large because we didn't know what to expect exactly. So we are all scrambling to be updated and to understand the new tax laws but that's kind of exciting in a way and we're ready for that," said Bareis.
In addition to the later file date, the IRS said this year it could take up to 21 days to get your refund. In the past it's been eight to fifteen days on average.
The IRS is still working on revisions to some of its more complicated forms.
Bareis said not to worry; By the time you receive all your necessary tax documents, the IRS should have those forms ready.
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