2025 Tax Season: Key Updates

Tax season opens 1/27/25

As we step into the new year, it’s time to gear up for the 2025 tax season, which officially begins on Monday, January 27. This year’s tax season promises to be more taxpayer-friendly than ever, thanks to the Internal Revenue Service’s (IRS) historic modernization efforts. Let’s take a closer look at what’s new and how it can benefit you as you prepare your tax return for the 2024 tax year.

Enhanced Tools and Accessibility

The IRS has made significant strides to enhance the tax-filing process for individuals and families across the nation. Some of the notable improvements include:

  • Expanded Digital Tools: Taxpayers can now access more of their tax account information using advanced text and voice virtual assistants. These tools are designed to provide real-time assistance and improve user experience.
  • Improved Online Accounts: The IRS Individual Online Account has been upgraded with expanded features, allowing users to manage their taxes more effectively. This includes easier access to payment options, account history, and personalized notifications.
  • Mobile-Friendly Tax Forms: Dozens of tax forms are now accessible on mobile devices, making it easier than ever to review and complete your forms on the go.
  • Heightened Scam Alerts: With scams and schemes targeting taxpayers on the rise, the IRS has expanded its alert system to help individuals identify and avoid potential threats.

In-Person Assistance and Customer Support

For those who prefer in-person support, the IRS is increasing its hours at Taxpayer Assistance Centers nationwide. These centers provide personalized help to address your tax-related questions and concerns. Additionally, the IRS aims to maintain high service levels on its main taxpayer phone lines, with a goal of achieving an 85% level of service.

“These taxpayer-focused improvements we’ve done so far are important, but they are just the beginning of what the IRS needs to do,” said IRS Commissioner Danny Werfel. “More can be done with continued investment in the nation’s tax system.”

Preparing for the April 15 Deadline

The IRS anticipates receiving over 140 million individual tax returns for the 2024 tax year. With the federal deadline set for Tuesday, April 15, now is the time to start organizing your documents and planning your filing strategy.

The Importance of Trusted Tax Professionals

More than half of all tax returns are expected to be filed with the assistance of a tax professional this year. Using a trusted tax professional can help ensure that your return is accurate and filed on time while reducing your risk of falling victim to scams.

At our accounting office, we’re committed to helping you navigate this tax season with confidence. From answering your questions to ensuring your compliance with the latest tax laws, our team of experienced professionals is here to make the process as smooth as possible.

Stay Ahead This Tax Season

The IRS’s modernization efforts are a testament to the agency’s commitment to making tax filing more efficient and secure for everyone. Whether you’re filing independently or working with a professional, taking advantage of these new tools and resources can help you stay ahead this tax season.

Have questions or need assistance? Contact our office today to schedule a consultation. Together, we’ll make this tax season your most seamless one yet.

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