The IRS will start accepting efiled returns on January 14, 2011.  Those that are affected by the recent tax laws will have to wait until mid-February to efile their returns.  This includes individuals that claim Itemized Deductions, the Higher Education Tuition and Fees Deduction, and the Educator Expense Deductions.

Furthermore, for returns efiled, processed and accepting by the IRS by 11:0 am EST on January 20 will have their refunds direct deposited by January 28 unless their are problems with the return.