The IRS is closed on Thursday, January 9, 2025, in observance of a National Day of Mourning for former President Jimmy Carter, following a presidential proclamation. As a result, the IRS has granted an automatic one-day extension to Friday, January 10, 2025, for all tax filings and payments originally due on Jan. 9.
According to the IRS release—IR-2025-05 (January 8, 2025)—the IRS granted the extra time following the December 29, 2024 presidential proclamation marking January 9, 2025 as a national day of mourning for James Earl Carter, Jr., the 39th President of the United States.
As the shutdown continues, taxpayers should expect longer wait times and ramifications for the 2026 filing season. On October 8, 2025, the IRS began furloughing staff as well as closing most operations due to the ongoing government shutdown.
A new deduction for qualifying overtime pay is now available, effective in the 2025 tax year. You can deduct up to $12,500 if you're a single filer or up to $25,000 if you're married filing jointly. The deduction begins to phase out once your MAGI hits $150,000 for single filers or $300,000 for joint filers.
IR-2025-16, Jan. 15, 2025 — The IRS today issued guidance on the income and employment tax treatment of contributions and benefits paid in certain situations under a state paid family and medical leave program, as well as the related reporting requirements.
Audit risk in 2025 is driven by both individual behavior and IRS algorithms. Common triggers include high income, unusually large deductions, unreported freelance income, filing errors, and business classification issues.
Income tax refund delays in 2025 (for the 2024 tax year) happen due to errors, fraud protection, claiming specific credits like EITC/ACTC (held until mid-Feb by law), missing info, or general IRS review, with increased scrutiny on identity theft and income mismatches leading to longer processing times. Common culprits include wrong SSNs, math errors, incomplete forms, and discrepancies with income reported by employers.
The One, Big, Beautiful Bill Act significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21, and takes effect in 2025.
Taxpayers have until Wednesday, April 15, 2026, to file their 2025 tax returns and pay any tax due.
No, we do not expect filing deadlines and tax-filing extensions to change during a government shutdown. Nor do we expect the underlying tax law to change. This means that you'll still have to file your tax return by the deadline, even if the government shuts down.
The IRS started 2025 with just over 102,000 employees. As of mid-2025, the IRS has just under 76,000 employees (including employees who took an early resignation offer but are still considered “employed” through September 2025), according to a report from the National Taxpayer Advocate.
Holiday Leave
Federal Holiday Observed on January 9, 2025 In observance of the national day of mourning for former President Jimmy Carter, President Biden has signed Executive Order 11582, designating January 9, 2025, as a federal holiday.
If the individual tax cuts expire, taxpayers in all income groups would face higher and more complicated taxes. Machinery and equipment expensing is a key provision that, if allowed to expire, would especially harm capital-intensive industries like manufacturing.
The Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system will be closed on Thursday, January 9, 2025 as a mark of respect for the thirty-ninth President of the United States, James Earl Carter, Jr., pursuant to Executive Order Providing for the Closing of Executive Departments and Agencies of the Federal ...
The due date to file your California state tax return and pay any balance due is April 15, 2026. However, California grants an automatic extension until October 15, 2026 to file your return, although your payment is still due by April 15, 2026. No application is required for an extension to file.
No, the U.S. Federal Government did not pass a single, comprehensive 2025 budget but instead relied on several Continuing Resolutions (CRs), essentially stopgap funding bills, to avoid shutdowns, with the final CR extending funding through the entire Fiscal Year (FY) 2025 (ending September 30, 2025) after the House and Senate passed it in March 2025. This resolved the FY 2025 funding, though specific appropriations details and policy riders were included in these temporary measures rather than a full budget agreement.
Here's a summary of key changes for the 2025 tax year. The seven federal tax brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%) are now permanent. Standard deductions increased, plus a new “bonus” deduction for older adults. Child tax credit increased to $2,200 per qualifying child.
The IRS e-file shutdown 2025 begins on Friday, December 26, 2025, at 11:59 A.M. Eastern Time. During this annual maintenance period, the IRS takes its electronic tax filing system offline to update systems and prepare for the new tax year. The IRS announced it will officially reopen e-file on January 26, 2026.
When does the IRS start accepting tax returns? First day to file, how to track tax refunds. Get your W-2s ready. The IRS will begin accepting 2025 tax returns on Jan. 26, when the agency officially opens the 2026 tax filing season.
Refund delays in AY 2025–26 are largely due to enhanced compliance checks and data matching, not system failure. Taxpayers should regularly review their AIS and Form 26AS, respond to department alerts and correct discrepancies promptly. In most cases, refunds will be issued once checks are complete.