The Internal Revenue Service (IRS) has announced that the 2025 tax filing season will commence on January 27, 2025. This year, the IRS is introducing several enhancements to assist taxpayers:

• Expanded Direct File Program: Now available in 25 states, this free service allows taxpayers to file their returns directly with the IRS, streamlining the process and potentially expediting refunds.
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• Increased Standard Deduction: For the 2025 tax year, the standard deduction has risen by 5%, with specific amounts varying based on filing status.
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• Improved Online Tools: The IRS continues its digital transformation by providing new online tools and expanding existing ones to make filing easier for taxpayers.
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Taxpayers are encouraged to prepare early by organizing necessary documents, considering contributions to retirement accounts to lower taxable income, and staying informed about any tax law changes that may affect their filings. The IRS anticipates processing most refunds within 21 days of receiving returns.

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For more detailed information and resources, visit the IRS newsroom.

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