Countdown to Tax Season

Officially Opening on January 27th!

Opening Day!

They finally did it. They finally released the date. What day? Tax Season opening day!

The IRS announced on Friday the 2025 tax season will officially open on Monday,

January 27th.

What Does the Opening Date Mean?

The opening of tax season signifies that the IRS will begin accepting and processing tax

returns for the 2024 tax year. It's an important date that signals the start of a financial

routine that affects millions across the nation. For those who have been keeping track of

their finances, this is the perfect time to finalize your paperwork, double-check your

deductions, and prepare to file your return. For others it is the start of the clock with time

counting down to the April 15th deadline.

Why You Should Prepare Early

1. Avoid the Rush: The earlier you file your taxes, the better. Procrastination can

lead to unnecessary stress, and the longer you wait, the heavier the workload

becomes as the deadline approaches.

2. Maximize Your Refund: Filing early can help you receive your tax refund sooner.

If you’re counting on that refund to pay off holiday debts or finance a new project,

the sooner you file, the sooner you’ll have your money in hand.

3. Time to Address Issues: If there are any questions or complications regarding

your return, filing early gives you more time to address them without the looming

deadline.

4. Help from a Tax Pro: Getting a head start means that you have the option to

seek help from tax professionals if needed. They can provide valuable insights,

ensuring that you maximize your return.

What You Can Do To Get Ready - To get ready, here are a few tips:

• Gather Your Documents: Compile your W-2s, 1099s, and any other necessary

tax documentation. Ensure that all forms are accurate and complete.

• Review Last Year’s Return: Looking at your previous year's return can help you

identify any changes and deductions you may want to claim this year.

• Consider Changes in Your Life: Have you changed jobs, moved, or

experienced any other significant life events? These changes can have tax

implications.

• Stay Informed: Keep an eye on IRS announcements regarding any updates to

tax laws that may affect your return. You can also check in with us for Tax Man

Tips and Updates. We will be posting important information and changes through

out the season.

Remember as you have heard your friendly neighborhood Tax Man say before, you do

not have to take this tax journey alone. There are plenty of amazing tax pros available,

ready, and willing to assist you. With even the simplest questions. As we count down

the final days to January 27th, it's vital to approach tax season with preparedness and

confidence

Let's Make This Tax Season Remarkable! Your success is our mission, and were here

to make this tax season not just manageable but remarkable.