IRS begins processing 2012 tax returns Wednesday, January 30, 2013.

For a lot of our clients expecting refunds the very good news is that IRS will now finally begin processing returns. This means the time frame for issuing refunds will not begin before January 30. The IRS issues most refunds in less than 21 days from the day they receive your tax return for processing. Even though the IRS issues most refunds in less than 21 days, it’s possible your tax return may require additional review and take longer. Beginning January 30, you can use the improved Where’s My Refund? tool, which this year will provide personalized information about your own tax return.