Tax season 2025 will begin in January 2025 when the IRS starts accepting and processing 2024 tax year returns. While the official start date hasn't been announced yet, the IRS typically begins accepting returns in late January. The standard tax filing deadline will be Tuesday, April 15, 2025, giving taxpayers approximately three months to prepare and submit their returns.

Important Dates for Tax Season 2025

Tax documents, calculator, pen and coffee

The tax season calendar follows a predictable pattern. Employers must send W-2 forms to employees by January 31, 2025. Similarly, businesses must provide 1099 forms for independent contractors and other income types by this same deadline. This timing allows taxpayers to begin preparing their returns as soon as they receive these essential documents.

Planning Ahead for Tax Professionals

For accounting professionals, tax season preparation begins long before January. December and early January are crucial periods for updating software, reviewing new tax regulations, and ensuring your practice is properly protected. As client volumes increase and deadlines approach, having proper accountant insurance becomes increasingly important.

Protecting Your Practice During Peak Season

Tax season brings unique challenges and risks for accounting professionals. With the increased workload and pressure to meet deadlines, even experienced accountants can face potential liability issues. At EJC Insurance & Financial, we understand these challenges and provide comprehensive insurance solutions specifically designed for tax professionals.

Our accountant insurance coverage includes:

  • Professional liability protection for tax preparation errors
  • Cyber security coverage for electronic filing systems
  • General liability for your practice
  • Protection against data breaches of sensitive client information

Why Insurance Matters During Tax Season

The complexity of tax preparation, combined with tight deadlines and high stakes, makes professional liability insurance essential. A single oversight could result in significant consequences for both your clients and your practice. Having proper insurance coverage allows you to focus on serving your clients with confidence, knowing you're protected against potential claims.

Get Protected Before Tax Season 2025

Don't wait until tax season is in full swing to review your insurance coverage. Contact EJC Insurance & Financial today to ensure your practice has the comprehensive protection needed for tax season 2025. Our experienced team can help assess your risks and recommend appropriate coverage levels, giving you peace of mind during your busiest time of year.

FAQ’s

When does the IRS typically announce the official start of tax season?

The IRS usually announces the official start date in early January, approximately two weeks before they begin accepting returns.

What if I need to file an extension for 2024 taxes?

If you need more time, you can request an extension that will give you until October 15, 2025, to file your return. However, remember that this is an extension to file, not to pay any taxes owed.

When do businesses need to have all tax documents prepared?

Employers and businesses must send W-2s and 1099 forms to recipients by January 31, 2025, with the same deadline for filing these forms with the Social Security Administration.

Are there any major tax law changes affecting the 2024 tax year?

Tax regulations can change throughout the year. It's best to consult with a tax professional or visit the IRS website for the most current information about changes affecting your 2024 tax return.

When is the earliest I can file my 2024 taxes?

While you can prepare your return as soon as you have all necessary documentation, the IRS won't accept returns until they officially open tax season in late January 2025.

When is Tax Season 2025?
January 8, 2025

More Blog Posts.