Tax season is here, and with a bunch of new regulations, filing just got a lot more interesting! Discover how you can file for free and avoid the hassle this year! 🎉💰
Welcome to the chaos and excitement of tax season 2025! Yes, you heard it right—our favorite time of the year is officially upon us as the IRS opened the 2025 tax filing season today, January 27. The Internal Revenue Service is ready to accept and process those tax returns like a well-oiled machine, making it a great time to double check your paperwork and get your refunds on the way. Remember, the deadline is knocking at the door—April 15, so get your ducks in a row!
This year, a game-changer has entered the tax landscape—introducing the IRS Direct File Program! It’s like having a personal tax assistant, and for all eligible taxpayers, you can file your federal returns in 25 states without spending a single dime on filing fees. Talk about a money saver! The good folks over at the Illinois Department of Revenue announced that their eligible residents would benefit from this nifty program, making tax filing less scary and more streamlined.
But wait, there’s more! While tax preparation can feel like navigating a minefield, many states, including Idaho and Maine, have jumped into action to embrace the IRS’s free filing offerings. An estimated 210,000 Idahoans can now file their taxes without the financial burden, and Maine residents can relish in the simplicity of the Direct File program. So whether you’re drowning in receipts or meticulously stacking paperwork in a semi-organized fashion, you’re not alone!
While we’re on the subject of fun facts, did you know that fraudulent tax preparations are still a major issue? Scammers and dishonest preparers, like the recent case of a New Jersey return preparer charged with preparing false tax returns, highlight the importance of vigilance while filing. Always use trusted resources when it comes to your tax return! Lastly, understanding the IRS’s new approach to controlled transactions with the OECD’s Pillar One initiative can be a boon for businesses, offering a simplified method to navigate the complexities of international taxation! In tax season, knowledge is definitely power!
IR-2025-18, Jan. 27, 2025 — The Internal Revenue Service opened the 2025 tax filing season today and is accepting and processing federal individual tax year ...
Eligible Illinois Taxpayers Can Use IRS' Direct File Program this Year. CHICAGO - The Illinois Department of Revenue (IDOR) announced it will begin ...
Demba allegedly prepared returns for clients that claimed false deductions, credit carryforwards or fraudulently recategorized income to claim expenses that ...
See details on the IRS' potential new simplified and streamlined approach for in-scope controlled transactions in line with OECD Pillar One Amount B ...
It's officially tax season as the IRS begins accepting taxes for the 2024 work year Monday, Jan. 27. The deadline falls on Tuesday, April 15.
Expanded into 25 states for 2025, IRS Direct File allows eligible taxpayers to submit federal returns free of charge.
Start your 2024 tax return with confidence. Learn about filing deadlines, free filing options, and tips to maximize your refund.
Tax season officially begins on Monday, January 27, as the IRS starts accepting and processing tax returns from the previous year.
Idaho is now part of the IRS's Direct File Program. An estimated 210000 Idahoans will qualify, the Idaho State Tax Commission says.
The “Direct File” program offers eligible taxpayers a way to file their federal tax returns online without needing to pay for third-party software or services.
The filing deadline is ...
The Internal Revenue Service officially kicked off the 2025 tax filing season, and they expect over 140 million returns by the April 15 deadline.
Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns.
In addition to the Earned Income Tax Credit, the Child Tax Credit, and Credit for Other Dependents, taxpayers using Direct File will also be able to claim the ...
But should the Republican-controlled Congress and President Trump seek to overturn the previous administration's rules, there are procedures in place that could ...
The “Direct File” program offers eligible taxpayers a way to file their federal tax returns online without needing to pay for third-party software or services.
1 million taxpayers overlooked a 2021 credit. The IRS is working to get eligible people their money.
Some taxpayers in Mississippi may be receiving a $1400 stimulus check this month, but it depends on 2021 tax returns. Here's what we know.
The IRS will soon distribute $2.4 billion worth of stimulus checks to taxpayers who didn't claim the Recovery Rebate Credit on their 2021 tax return.
Don't stick your head in the sand and miss important business or personal tax deadlines.
Taxpayers residing in a federally declared disaster area may have additional time to file and pay federal taxes. Get free help preparing and filing taxes ...
On Monday, the Internal Revenue Service opened the 2025 tax filing season and is now accepting and processing federal individual tax year 2024 returns.
In addition to the Earned Income Tax Credit, the Child Tax Credit, and Credit for Other Dependents, taxpayers using Direct File will also be able to claim the ...