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Mark your calendars! Monday, Jan. 27, is the official start to the 2025 tax season, the IRS said. That’s the first day the IRS will begin accepting tax returns for the 2024 tax year, but ...
The Internal Revenue Service will begin accepting and processing tax returns for the 2024 tax year on Jan. 27. The start of tax season is generally one of two peak times for the IRS, as people ...
The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...
United States: individuals may (but rarely do) elect any tax year, subject to IRS approval. [10] Many jurisdictions require that the tax year conform to the taxpayer's fiscal year for financial reporting. The United States is a notable exception: taxpayers may choose any tax year, but must keep books and records for such year. [7]
The filing deadline for individuals was March 1 in 1913 (the first year of a federal income tax), and was changed to March 15 in 1918 and again to April 15 in 1955. [9] Today, the deadline remains April 15, [10] unless it conflicts with a weekend or holiday. [11] Note that April 15 falls close to Old Lady Day (April 5), the close of the British ...
Tax filing season has begun. The Internal Revenue Service is now accepting and processing 2023 federal income tax returns. Filing your taxes is a task you may not like, but it’s one you can’t ...
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For the 2024 tax year, the extension deadline is typically Oct.15, 2025. However, keep in mind that an extension to file does not grant an extension to pay any taxes owed. You must estimate and ...