Business and Finance Business and Finance
Tue, January 14, 2025
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[ 03:40 AM ] - MSN
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[ 12:41 AM ] - MSN
It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know

It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know


Published on 2025-01-14 00:41:01 - MSN
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  • The IRS has announced the official start of tax season. Learn what you need to know to get your returns filed on-time, accurately, and as inexpensively as possible. Don't fall victim to procrastination or fraud -- get armed with knowledge and make this tax season stress-free.

The IRS has officially announced that the tax filing season for 2025 will begin on January 27, 2025. Taxpayers are encouraged to gather all necessary documents, such as W-2s, 1099s, and receipts for deductions, before filing. The IRS will start accepting and processing returns on this date, with most refunds expected to be issued within 21 days if there are no issues with the return. Key points include the importance of filing electronically for faster processing, the availability of free filing options for many taxpayers, and reminders about changes in tax laws or credits that might affect returns. Taxpayers should also be aware of potential delays due to errors or incomplete information, and the IRS recommends using direct deposit for refunds to expedite receipt of funds.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/personalfinance/it-s-official-tax-season-starts-jan-27-2025-what-you-need-to-do-and-know/ar-BB1rj6Da ]
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