IRS sets Jan. 30 tax season opening for 1040 filers - Beckley, Bluefield & Lewisburg News, Weather, Sports

IRS sets Jan. 30 tax season opening for 1040 filers

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Brush Fire Burns on Herndon Mountain

    Brush Fire Burns on Herndon Mountain

    Thursday, April 24 2014 11:09 PM EDT2014-04-25 03:09:30 GMT
    Brush Fire on Herndon Mountain taken by Larry MarrsBrush Fire on Herndon Mountain taken by Larry Marrs
    A large brush fire is burning in Wyoming County Thursday night (4/24). The fire is covering around 160 acres on Herndon Mountain near Garwood and Alpoca.
    A large brush fire is burning in Wyoming County Thursday night (4/24). The fire is covering around 160 acres on Herndon Mountain near Garwood and Alpoca.
  • Gala to be Held for the Restoration of the John Henry Museum and Gift Shop

    Gala to be Held for the Restoration of the John Henry Museum and Gift Shop

    Thursday, April 24 2014 6:53 PM EDT2014-04-24 22:53:29 GMT
    HINTON -- The Hinton Hope Foundation, along with the John Henry Historical Society, are hosting a fundraiser gala on Saturday, May 10 from 5 p.m. to 8 p.m. The proceeds of the event will go towards the renovation of the new John Henry Museum and Gift Shop in Talcott. The gala will be held at the 19th century building, which is the future site of the museum. John Henry memorabilia, historic paintings, and antiques will be up for auction and local bands will provide entertainment.The renovation...
    HINTON -- The Hinton Hope Foundation, along with the John Henry Historical Society, are hosting a fundraiser gala on Saturday, May 10 from 5 p.m. to 8 p.m. The proceeds of the event will go towards the renovation of the new John Henry Museum and Gift Shop in Talcott. The gala will be held at the 19th century building, which is the future site of the museum. John Henry memorabilia, historic paintings, and antiques will be up for auction and local bands will provide entertainment.The renovation...
  • Bud/Alpoca dirty water runs clear, for now?

    Bud/Alpoca dirty water runs clear, for now?

    Thursday, April 24 2014 6:52 PM EDT2014-04-24 22:52:23 GMT
    In Wyoming County, people in Bud and Alpoca have been living without clean water for almost a year.
    In Wyoming County, people in Bud and Alpoca have been living without clean water for almost a year.

The January tax law changes Congress made under the American Taxpayer Relief Act has changed a few things for this year's tax season.

The Internal Revenue Service announced Jan. 8 that it would open the 2013 filing season and begin processing individual income tax returns Jan. 30.

The IRS has been updating forms and completing the programming and testing of its processing systems to reflect the bulk of the late tax law changes that were enacted Jan. 2.

According to the IRS, the vast majority of tax filers – more than 2 million households – should be able to start filing tax returns Jan. 30.

The remaining households will be able to start filing in late February or March because of the more extensive form and processing systems changes that are necessary. According to the IRS, that group includes people who claim residential energy credits, depreciation of property or general business credits, and those tax returns are usually more complex, so they are typically filed closer to the April 15 deadline, or filers request extensions.

"We have worked hard to open tax season as soon as possible," IRS Acting Commissioner Steven Miller said in a news release. "This date ensures we have the time we need to update and test our processing systems."

Miller also reiterated that taxpayers' best option is to file electronically for faster refunds, and there is no advantage to filing on paper before the Jan. 30 opening date.

More than 80 percent of taxpayers filed electronically last year, according to the IRS.