Tax Season

When is Tax Season?

 

A tax season is an annual period during which taxpayers do their standard bookkeeping work for the administration. In the United States, people record wage duty forms on “tax day,” the due date (in most years) being April 15. Also, due dates may change as indicated by various conditions and periods. Of course, a number of things can prompt tax season to begin later or earlier than expected and also change the deadline.

 

Minimum filing dates and requirements should be checked with the IRS or a tax professional as needed.

 

When Does Tax Season Start?

 

The beginning of each year is generally tax season in the United States. This is the date when the Internal Revenue Service (IRS) will start processing tax returns for the new tax year. But the beginning of tax season could come a little earlier or later depending on any new tax laws or filing deadlines.

 

Keep in mind that the sooner you file, the sooner you can see any refund owed to you. The earlier you find and collect the required tax documents and information, the faster you will be able to file your tax return.

 

When Does Tax Season End?

 

As is the case in the United States, tax season invariably terminates on April 15th, year after year. April 17: Deadline for most individual income tax returns to be filed and payment date with the Internal Revenue Service (IRS). If April 15th happens to fall on a weekend or holiday, the deadline is carried over to the following business day

 

Additionally, taxpayers who cannot file their tax returns by the April 15th deadline can request an extension by filing IRS Form 4868, which gives them an additional six months to file their tax returns.

 

Also See: Local Income Tax