Taxes: What you need to know about the 2024 tax season

 In Bookkeeping

Tax Season

Be aware of scammers, who can become more active during tax season. They will attempt to mislead people about tax refunds, credits and payments. They pressure people for personal, financial, employment information or money.

Tax Season

Where can I find a tax refund estimator?

Delaware, Hawaii, bookkeeping Iowa, Louisiana and Virginia, have different deadlines for their state Tax Day 2025. There are also regions across several states that have until May 1, 2025, to file federal individual and business tax returns due to natural disasters, including Hurricanes Helene and Milton. Since the official tax deadline is tomorrow, it’s important to note the major deadlines for filing and paying your taxes — and if you have more time to file. While a majority of states adhere to the federal government’s timetable, some have their own deadlines, too.

Tax Season

Tax Time Guide 2025: Essentials needed for filing a 2024 tax return

This includes local education, social security, national defense, economic safety net programs and others. Hold us accountable and submit your rating of this article on the meter. Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. It’s probably a good idea to reach out to an investment professional who can walk you through the process.

  • Since the official tax deadline is tomorrow, it’s important to note the major deadlines for filing and paying your taxes — and if you have more time to file.
  • All income, including proceeds from part-time work, side jobs or the sale of goods and services is taxable.
  • But the agency notes on its site that if you are claiming an Earned Income Tax Credit, the IRS cannot by law issue the EITC-related refund before mid-February.
  • If you get a 1099-K in error — e.g., the form includes transactions that were personal in nature — check this IRS document for some tips on how to correct the situation.
  • Generally, you have three years from the tax return due date to claim a tax refund.

How can I request an extension for a tax return?

  • The IRS’s Get Ready page on IRS.gov offers practical tips and resources to help taxpayers prepare.
  • To make an appointment with SARS is now easier, click here to make an appointment.
  • When you miss a tax filing deadline and owe money to the IRS, you should file your tax return as soon as possible.
  • Bankrate.com is an independent, advertising-supported publisher and comparison service.
  • The IRS estimates that 30 million people could be eligible to participate in Direct File, saving them time and money when filing their returns.

Anthem Tax Services helps people who are overwhelmed by tax debt to reduce what they owe. The company offers a 100% money-back guarantee if you don’t save money or have your debt reworked. This could be a solid option if you owe $10,000 or more in back tax debt and need help resolving it. If you’re ready to check your taxes off your to-do list, a little prep can go a long way. Here are our tips to Tax Season help you complete your filing with minimal headaches. Tax season is hectic enough without worrying about missing your window to file.

What if I made a mistake and need to re-file my taxes?

  • If a refund is due, then there is nothing more you have to do — you can log out and wait for the refund, which you can expect within approximately 72 hours, provided your banking details with SARS are correct.
  • But while it’s never too early to start planning for taxes, the IRS doesn’t always follow our schedule.
  • Taxpayers with income of $84,000 or less last year can use IRS Free File Guided Tax Software now through Oct. 15.
  • If you e-file, the IRS typically takes 21 days to process your refund.
  • Your state tax department’s website is often the best resource for up-to-date filing information.
  • Any tax you owe is still due on April 15—with or without a tax filing extension.

However, once again, these deadlines can be extended if the due Sales Forecasting date falls on a weekend or official holiday. Seventy percent of all taxpayers can use free brand name tax software to prepare and file their federal income tax return electronically using IRS Free File. All taxpayers, regardless of income level, can also use IRS Free File Fillable Forms. While you may receive paper versions of 2024 tax documents, others may only be delivered electronically. The tax-filing season officially began on Jan. 27, 2025, and most taxpayers will have until April 15, 2025 to file their returns.

Tax Season

Recent Posts

Dejar un comentario

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt

Start typing and press Enter to search

Esta web utiliza cookies propias y de terceros para su correcto funcionamiento. Contiene enlaces a sitios web de terceros con políticas de privacidad ajenas que podrás aceptar o no cuando accedas a ellos. Al hacer clic en el botón Aceptar, acepta el uso de estas tecnologías y el procesamiento de tus datos para estos propósitos. Ver Política de cookies
Privacidad