Updated Status of 2012 Tax Filing Season, Federal and Iowa

The IRS began processing individual returns on January 30th. However, the Iowa Legislature has not passed the legislation needed to update Iowa's 2012 tax law to include all the changes from the American Tax Payer Relief Act. This will delay some taxpayers from filing a state return.

Disclaimer: The items included in the Tax Tip Tuesday Video Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advise contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein

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