IRS Announces the Start of the 2025 Tax Season
The 2025 tax filing season officially starts on January 27th, marking the first day the IRS will accept and process individual and business tax returns for the 2024 tax year. This important date kicks off the federal tax season, giving taxpayers the opportunity to submit their tax returns and fulfill their filing obligations.
Key Deadlines for Taxpayers
Most individual taxpayers must file their federal tax returns and pay any taxes owed by April 15, 2025, to avoid penalties and interest. It is important to remember that this deadline applies to both filing and payment of taxes owed.
For those who need more time to prepare their tax returns, the IRS allows taxpayers to request an extension of time to file. However, this extension only applies to the filing deadline. The payment deadline of April 15th remains unchanged, and taxpayers are required to pay their 2024 taxes by this date to avoid interest and penalties.