There was a lot going on in the month of December as fas as taxes were concerned. The words "fiscal cliff" were uttered mulitiple times every. single. day. I don't know about you, but I was just about done with all that nonsense. The problem is, that nonsense was going to affect the majority of American taxpayers. Thankfully, a resolution was reached and most of us are safe from increased taxes. However, because Congress took its sweet time, the IRS now needs a moment to catch up with the updates and make sure the tax forms have all the necessary changes. What this means for us is we have wait until the IRS is ready to accept the forms, therefore delaying the start of tax season.
So! Take this opportunity to gather all your documents, receipts, etc. since you have to wait anyway...
Here's hoping you all receive a large tax refund this year!