While it’s undeniably early days, the Internal Revenue Service will tell you it’s not too early to think about the income-tax returns for 2024 that will start to come due soon enough. The federal tax collector typically begins accepting and processing tax returns for the prior calendar year in late January,

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

Although the IRS has yet to make an official announcement, historical patterns suggest that tax filing will commence in the last week of January 2025.

The Internal Revenue Service is expected to announced the first date to file 2024 taxes next week. In the meantime, here are some thing to know in preparation.

Typically, verification must be done within 30 days. Now since 30 days have elapsed from the time of submission of ITR data, the date of verification will be considered as the date of filing.

With 2025 now underway, Americans will soon be receiving their W-2 forms to begin filing their tax returns for the previous year.