2025 Tax Filing Guide: Deadlines, Refunds, and Expert Filing Tips 

Looking to simplify your tax filing process in 2025? This blog provides all the essential information you need to navigate the upcoming tax season with ease. From the key deadlines to when tax season officially kicks off, we’ll cover everything, including tips on when to expect your federal and state refunds and how to avoid common filing pitfalls. Stay updated and make tax season simple. 

Key takeaways 

• Tax day is April 15, 2025. Filing early helps avoid unnecessary stress, minimizes risks like identity theft, and ensures smoother processing. 
• Tax season begins in late January 2025 - when the IRS starts accepting returns and ends on April 15. 
• Federal tax refunds are typically processed within 21 days for electronic filings without errors, while paper returns can take up to eight weeks. 
• State refund timelines vary, but e-filing and direct deposit generally result in faster refunds compared to paper submissions. 
• Failing to meet the tax deadline may result in fines and added interest. Filing promptly can reduce these costs, and if you owe taxes but can’t pay in full, the IRS offers payment plan options. 
• Key documents for filing include W-2s, 1099s, government-issued ID, the previous year’s tax return, and records for deductions and credits. 

When are taxes due in 2025? 

April 15, 2025, is the tax deadline for the majority of Americans. While this is the final date to file, it’s not the only day to do so. Waiting until the last minute can lead to longer wait times for assistance, increased stress, missing documents, or an unexpected tax bill that may be difficult to manage. 

Filing early is often a smarter choice. It allows you ample time to organize necessary documents, understand your tax obligations or refunds, and seek professional help if needed. Additionally, filing early reduces the risk of identity theft, as it limits the time available for fraudsters to submit false returns using your information. 

By preparing and filing ahead of time, you can make tax season significantly less stressful and more efficient. 

Why filing early is a smart move? 

Filing your taxes early may protect you from identity theft. According to CNBC, the IRS detected over 1 million tax returns in 2023 as having identity theft potential and claimed refunds of $6.3 billion. Filing your taxes sooner will reduce the likelihood that thieves will use your identity to file a false tax return in your name. 

When is tax season? 

Tax season begins in late January 2025, when the IRS starts accepting returns, and ends on April 15, 2025. These three months are when most people file their tax returns or request extensions if they need more time. 

During this period, taxpayers also settle their tax payments or set up payment plans if they can’t pay the full amount right away. The IRS provides options for spreading out payments, such as: 

• Short-term plans: Pay off your taxes within 180 days. 

• Long-term plans: Monthly payments to cover the amount owed over time. 

Whether you’re filing early or closer to the deadline, it’s important to stay organized and prepared to avoid unnecessary stress. 

IRS refund schedule: When will you get your federal refund? 

The IRS usually processes refunds within 21 days after receiving electronically filed tax returns, provided there are no mistakes or issues needing further review. If you file a paper return, the refund process can take up to eight weeks or longer. No matter how you file, submitting your return sooner can help you receive your refund faster. 

Errors or missing information on your return can cause delays, so it’s important to review your documents carefully before filing. If the IRS requires additional details to complete the process, they will contact you. 

To get your refund as quickly as possible: 

• File your return early. 

• Use e-filing instead of paper submissions. 

• Opt for direct deposit to receive funds faster. 

You can check the progress of your refund through the IRS's 'Where's My Refund?' tool. or similar services. Some tax preparers also offer tax refund advance loans, allowing you to access your money the same day your return is processed.

State refund schedule: When will you get your state refund? 

State refund processing times vary depending on where you live and how you file. Generally, filing your state return electronically and choosing direct deposit will help you get your refund faster—often within a few weeks. Filing by mail, however, typically takes longer. 

Each state has its own schedule for processing refunds. Many states also offer online tools to track the status of your refund. 

As with federal refunds, filing early and ensuring your information is accurate can speed up the process of receiving your state refund. 

What happens if you miss the tax deadline? 

Missing the tax deadline can lead to penalties and fines if you owe taxes, but don’t panic—there are ways to reduce the financial impact. 

If you owe taxes: 

1. Submit your tax return promptly to reduce penalties and interest fees. 

• Failure to File Penalty: 5% of unpaid taxes per month, up to a maximum of 25%. 

• Failure to Pay Penalty: 0.5% of unpaid taxes per month, also up to 25%. 

2. Even if you are unable to pay the entire amount, make as much as you can. 

3. Think about arranging a payment plan with the IRS to pay the amount you owe in installments. 

Even though there's no penalty for filing late if you're getting a refund, it's smart to file early to get your money faster. 

You may qualify for penalty relief if you have a valid reason for filing late, such as a natural disaster or serious illness. Remember, requesting an extension by April 15, 2025, gives you until October 15, 2025, to file your return, but any taxes owed are still due by April 15. 

What documents do you need to file taxes? 

Standard documents

• Wage statements, such as Form W-2 (for employees) or Form 1099 (for freelancers or contractors). 
• Government-issued ID and Social Security numbers for yourself, your spouse, and your dependents. 
• A copy of your tax return from the previous year. 

Additional documents (if applicable): 

• Notices or letters from the IRS. 
• Records of income adjustments, like contributions to retirement accounts, student loan interest payments, or health savings accounts (HSA). 
• Receipts for deductions, such as mortgage interest, property taxes, charitable donations, educational expenses, and medical bills. 
• Proof of estimated tax payments made during the year. 
• Rental income records, along with receipts for expenses like repairs or maintenance. 
• Other tax forms, such as 1099-INT, 1099-DIV, 1099-B, 1098-T, or 1098-E. 

Staying organized with these documents will make filing your taxes easier and help ensure accuracy to avoid delays. 

Conclusion 

Don't wait until the last minute—start preparing for tax season now with BookkeeperLive. Our experienced and friendly tax professionals are here to offer expert guidance and ensure you get the maximum refund possible. Whether you’re looking to plan ahead or need help filing, our outsourced tax preparation service is here to provide you with the support and peace of mind you deserve. We're open year-round and ready to assist you every step of the way. Schedule your appointment with BookkeeperLive today and take control of your tax situation! 

FAQs 

1. When will the IRS start accepting tax returns for 2025? 
Tax season for 2025 will officially begin in late January when the IRS starts accepting returns. The exact date is typically announced in early January. 

2. Is it better to file my taxes online or on paper in 2025? 
Filing electronically is faster and more secure. E-filing also typically results in a quicker refund and reduces the chances of errors compared to paper returns. 

3. Do I need to file taxes if I only have a small amount of income? 
If your income is below the filing threshold, you may not be required to file, but it may still be beneficial, especially if you are eligible for a refund or certain credits. 

4. What should I do if I receive a tax notice from the IRS? 
If you receive a notice from the IRS, carefully read the letter for instructions. It may be regarding missing information or discrepancies in your return. If necessary, contact the IRS to resolve the issue.