2012 tax refunds possibly delayed

January 5, 2013 2:50:46 PM PST
You can blame the late Fiscal Cliff deal if your tax refund is delayed this year.

The IRS can't put out 2012 tax forms until it knows what the tax policy is.

Since congress did not reach a deal until January 1, the agency is still trying to re-program its systems and issue tax forms based on the revised laws.

This could delay the start of the tax filing season which usually begins in mid January.