Last tax season, the pilot program allowed roughly 140,000 taxpayers in 12 states to save an estimated $5.6 million in filing costs, according to the Department of the Treasury. In 2025, it will expand service to 25 states and will continue to cover simple tax returns. January 15 Estimated...
Tax season is just around the corner, and staying ahead of the deadlines is key to a stress-free filing experience. Knowing when to file can save you from penalties, interest, and last-minute headaches, whether you're an individual taxpayer, self-employed professional, or business owner....
Tax season is the period of time, generally between Jan. 1 and April 15 of each year, when individual taxpayers prepare to report their taxable income to the federal government and, in most cases, to the government of the state in which they live. Tax day in the U.S. is usually April...
Tax season officially begins today, as the IRS starts acceptingindividual tax returnsfor tax year 2023. Three-quarters (75%) of filers expect a refund, according to anew survey from Intuit Credit Karma, with more than a quarter (27%) of them predicting it will be larger than last year. O...
The IRS tax season start is, by definition, thetax filing start date. It is the first day in a given tax season when the IRS begins to accept and process tax returns for the prior year. No returns will be processed sooner than this date, and the IRS says most refunds will be process...
Tax season underway: What you need to know Wealth strategist and tax expert David Ragland joins LiveNOW's Lexie Petrovic to outline what Americans need to know when filing their taxes as tax season began on Monday. Tax Day on April 15 is the annual deadline for filing your income tax ...
What’s New for the 2024 Tax Season (2023 Tax Year Filing)? Here are some things to take note of prior to filing your 2022 tax return: Thetax filing start datewas January 29, 2024. The 2024 IRS tax filing deadline is Monday, April 15 – with a few exceptions thus far in states ...
The exact date to file your tax return can vary year to year, depending on when April 15 falls. If April 15 is a weekend or holiday, this pushes the date to the next business day. If you’re looking to get organized in advance for tax season, here’s what you need to know: ...
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T-MINUS TWO WEEKS: As expected, the IRS announced that it will launch the tax filing season on Jan. 27, as Benjamin reported on Friday. In the process, the agency also plugged new improvements to Direct File, an IRS-run option for free tax filing. Direct File will prepopulate information...