One consequence of the late passing to the new act is the potential for the delaying of the opening of tax filing season. Normally the IRS begins to accept electronically filed tax returns around January 27. However, with the changes in the new act, it is possible that the IRS may need to delay the start of tax season in order to reprogram their computers and to allow tax software companies like Turboi Tax, etc. to change their software and get IRS approval. We are closely monitoring this and will update our site if any new developments are released.