Yep! Go to the Xmas tree there, and you should have several presents waiting for you!

How? There were literally a bunch of people standing in line earlier (which looked hilarious, so I took a picture) but no presents yet.

By the time I left there were at least 12 people standing around and in line

look around under the tree. check the presents there

omg REALLY????

Apparently you can pick up a quest in Stormwind that directs you to Ironforge for your presents. There were a lot!

Oh yayyy

They've always had presents in past years, so I was hoping they'd do it this year.

they do it every year. I know the Horde presents were bugged but they did a reset and everything should be fixed now.