Every year, the Internal Revenue Service (IRS) sets a date when they begin accepting tax returns. The date varies slightly from year to year, but it typically falls in late January or early February. For the 2025 tax year, the IRS will begin accepting tax returns on January 24, 2025.
Filing your taxes on time is important because it helps you avoid penalties and interest charges. It also ensures that you receive any tax refunds that you are due. If you are unable to file your taxes by the April 15th deadline, you can file for an extension. However, you will still need to pay any taxes that you owe by the deadline.