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Investing.com -- The Internal Revenue Service (IRS) has officially begun the 2025 tax filing season today. The agency is now accepting and processing federal individual tax returns for the 2024 tax year.
In the early hours of today's launch, the IRS's systems have already processed millions of tax returns from across the United States. The agency anticipates receiving more than 140 million individual tax returns for the 2024 tax year, all of which are expected to be filed before the federal deadline on Tuesday, April 15.
It is projected that over half of all tax returns this year will be filed with the assistance of a tax professional. The IRS is encouraging taxpayers to use trusted tax professionals to avoid potential scams and fraudulent schemes. The agency is committed to providing a variety of options to assist taxpayers during this tax filing season.
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