Don't hold your breath for your tax refund - WALB.com, Albany News, Weather, Sports

Don't hold your breath for your tax refund

Posted: Updated:
CPA John McDuffie says he normally advises clients to file early, but not this year CPA John McDuffie says he normally advises clients to file early, but not this year
Wilhelmina Howard likes to file her taxes early Wilhelmina Howard likes to file her taxes early
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Bowl-A-Rama holds Back-to-School Bash

    Bowl-A-Rama holds Back-to-School Bash

    Friday, August 1 2014 11:19 PM EDT2014-08-02 03:19:59 GMT
    James Smith, studentJames Smith, student
    An Albany bowling alley is helping kids have a little fun before they go back to school. Bowl-A-Rama held its first Back-to-School Bash for High School Students in Dougherty, Lee, Mitchell, and Baker Counties. More >>
    An Albany bowling alley is helping kids have a little fun before they go back to school. Bowl-A-Rama held its first Back-to-School Bash for High School Students in Dougherty, Lee, Mitchell, and Baker Counties. More >>
  • Valdosta organization prepares for backpack giveaway

    Valdosta organization prepares for backpack giveaway

    Friday, August 1 2014 11:14 PM EDT2014-08-02 03:14:47 GMT
    Volunteers at Moody Air Force Base pre-packed more than 900 backpacks with school supplies on Friday.More >>
    Volunteers at Moody Air Force Base pre-packed more than 900 backpacks with school supplies on Friday.More >>
  • Sylvester residents gather for National Night Out

    Sylvester residents gather for National Night Out

    Friday, August 1 2014 11:11 PM EDT2014-08-02 03:11:03 GMT
    Scott Vandermolen, Florida residentScott Vandermolen, Florida resident
    A week after 8 teenagers were shot at a party in Sylvester people came together there Friday night to fight crime .A National Night Out celebration was held at Jeffords Park downtown. More >>
    A week after 8 teenagers were shot at a party in Sylvester people came together there Friday night to fight crime .A National Night Out celebration was held at Jeffords Park downtown. More >>
ALBANY, GA (WALB) -

You probably shouldn't wait by the mailbox for your tax refund check, because this year it could show up two months later than normal. It probably will be smaller than usual too.

You can't file as early either, and it's all because of the Fiscal Cliff.

Wilhelmina Howard likes to file her taxes early. "I look forward to it, I pay my taxes with it, I really want to get it very early," she said.

But this year, she and millions of others may not be able to. "It's going to make me put off a lot of things that would have been paid on time so it will affect me..."

The IRS can't put out 2012 tax forms until the agency knows what the tax policy is. Thanks to the Fiscal cliff, everything has been delayed.

"You don't want to release all the forms until you know what the rules are going to be..." CPA John McDuffie says he normally advises clients to file early, but not this year.

"The IRS has got to get the computers programmed to receive information and the tax preparation software must be adjusted,' he said.

That means Wilhelmina Howard will have to rearrange her plans until she gets the money she normally depends on. "It's a heavier weight; you know you have more burdens to bear."

She also won't be getting as much back due to a two percent hike in Social Security taxes. "It's going to hurt everyone... it's going to hurt everyone…"

The IRS hasn't said when they will start accepting tax returns but the later the tax return, the later the tax refund.

Copyright 2013 WALB.  All rights reserved.