The Internal Revenue Service (IRS) announced that the 2024 tax season will officially begin on Monday, Jan. 29, with an estimated 128.7 million tax returns expected to be filed before the April 15 tax deadline. This announcement follows a significant overhaul of the agency, aiming to enhance its technology and customer service processes through funding allocated by the Democrats’ Inflation Reduction Act. According to IRS Commissioner Danny Werfel, these transformative efforts are anticipated to bring considerable improvements to IRS operations during the upcoming filing season.
Individuals filing tax returns should be aware that the IRS will begin officially accepting and processing tax returns on Jan. 29. Additionally, for those who pay taxes quarterly, specific due dates have been outlined based on different pay periods. Moreover, eligible Americans are provided with options to file their federal taxes for free through services such as the IRS Free File Program and the Volunteer Income Tax Assistance program.
Furthermore, the IRS emphasizes that various factors can influence the timing of tax refunds after a return has been received, urging taxpayers to avoid relying on receiving a refund by a certain date. To address this, individuals can utilize the IRS’ “Where’s my Refund?” tool to track the status of their refund, which will offer detailed and clearer updates, including requests for more information. Overall, a proactive approach in adhering to the tax filing process and utilizing available resources can contribute to a smoother tax season experience for taxpayers.
