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IRS NEWS FOR TAX PROFESSIONALS February 2015Filing season opens Jan. 20, 2015. The IRS began accepting tax returns electronically on Jan. 20. Paper tax returns began processing at the same time. More
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Gather all necessary financial documents, such as W-2 forms, 1099 forms, and receipts for deductions.
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Organize these documents and categorize them according to the relevant tax forms.
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Determine which tax forms you need to fill out based on your financial situation, such as Form 1040 for individual income tax or Form 1120 for corporate tax.
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Use the information from your financial documents to accurately fill out each section of the tax forms, including your income, deductions, and credits.
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Who needs filing season opens Jan:

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Individuals who earn income that is subject to taxation, such as employees, self-employed individuals, and freelancers.
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Businesses of all sizes, including sole proprietors, partnerships, corporations, and limited liability companies, that need to report their financial activities for tax purposes.
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Anyone who is required to file a tax return according to the Internal Revenue Service (IRS) guidelines, regardless of whether they owe taxes or not.
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Filing season opens in January to allow taxpayers to submit their tax returns.
Individuals and businesses are required to file during the opening of the filing season in January.
Taxpayers can fill out their tax returns online or through the mail during the opening of the filing season in January.
The purpose of the filing season opening in January is to collect tax information from individuals and businesses for the previous year.
Taxpayers must report their income, deductions, credits, and any other relevant financial information during the filing season opening in January.
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