Tax Season Definition & Example | InvestingAnswers

What is Tax Season?

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

How Does Tax Season Work?

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 Does Tax Season Matter?

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.

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