Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Tax Season

What it is:

Tax season is from January 1 to April 15 of each year.

How it works (Example):

Tax season is the busiest part of the year for tax accountants, because the filing deadline for individual taxpayers is April 15. It is also a busy time for businesses, individuals and any other entity that is required to file tax documents by the April 15 deadline.

Why it Matters:

Though most taxpayers file by April 15, tax season doesn't drop off to no activity after April 15. Taxpayers often file extensions, which generally expire on October 15.