Time to Tackle Your 2025 Taxes: Here's What You Need to Know

Tax time is rolling around again, and New Yorkers need to get ready. The state's tax agency has kicked off the 2025 income tax filing season. This is when both the state and federal tax departments start accepting returns. The big deadline is April 15, so mark your calendars. If you need more time, you can ask for an extension, but you still have to pay any taxes you owe by the deadline. Good news for those who want to save money: many New Yorkers can file their federal and state taxes for free. The state's Free File website makes this easy and secure. It's a great way to avoid paying for tax preparation services. If you're eligible, why not take advantage of this deal? Before you start, make sure you have all your important documents ready. The tax department's website has a resource center packed with helpful info. You can learn about direct deposit benefits, tax credits, and how to gather the right documents. It's like having a tax prep coach right at your fingertips.If you collected unemployment benefits last year, you'll get a 1099-G form in the mail. This form shows how much you received in benefits and any taxes that were withheld. You'll need it when you file your taxes. The forms should arrive by the end of January. If you're in a hurry, you can also find it online through the Department of Labor's website. The state is trying to make things easier for everyone. They've automated the process of sending out these tax forms. This means less hassle for you. To access your form online, just log in to your unemployment account and look for the 1099-G form. The website also has instructions on how to print or save a copy. Tax season doesn't have to be stressful. With the right tools and info, you can get it done without breaking the bank. So, take a deep breath and dive in. Your wallet will thank you.