The IRS said it will start accepting and processing tax returns on Monday, January 29. However, it added that people can start working on their taxes prior to that, either with a tax professional or software company. Likewise, it will make the IRS Free File program available for tax prep ...
As we embark on another year of filing taxes, it’s important to stay informed about the key dates, changes, and updates from the Internal Revenue Service (IRS). Whether you are a taxpayer, accountant, or finance professional, staying up to date with the latest information will ensure a sm...
The deadline for filing your tax return for 2024 is April 15, 2025. The IRS will begin accepting 2024 tax returns towards the end of January. When is the last day to file taxes? Technically, the last day to file taxes this year was April 15, or Oct. 15 if you filed an extension....
While the start date for filing season is set, keep in mind that the processing time for your tax return will vary based on various factors, such as the complexity of your return and the volume of returns being processed. It’s always a good idea to check the IRS’s “Where’s My Re...
Here’s what you need to know about when you will get your 2025 tax refund, how to track your refund and other important details. Learn:3 Ways Smart People Save Money When Filing Their Taxes When You Will Get Your Tax Refund You can estimate when you’ll receive your funds —th...
If your business claims a net loss for too many years, or fails to meet other requirements, the IRS may classify it as a hobby, which would prevent you from claiming a loss related to the business. If the IRS classifies your business as a hobby, you'll h
When Can I File My Taxes and Get My Refund? An important point to note is that while you can start filing your taxes in December or January with tax software providers, the IRS will not accept or process any returns (paper or electronic) until IRS e-File officiall...
1. Those who file their 2025 annual tax returns by January 31, 2026, do not have to pay estimated taxes by January 15, 2026. What happens if you file taxes late? What happens if you file federal taxes late depends on whether you owe the IRS money. If you don't have a tax bill,...
This is the 2026 IRS income tax return due day for 2026 Income Tax Returns! If you owe, e-file even if you can't pay! We suggest you don't wait to file in case you have last minute questions. In addition, you will not jeopardize the tax deadline if you owe taxes. In most case...
How to pay estimated taxes Once you determine the amount to pay, the IRS will accept your money in several ways, including: Direct pay from your checking or savings account. The IRS2Go mobile app (IRS2Go is available in the App Store or on Google Play.) ...