[ad_1] If you’re expecting a refund this season, it’s critical to file a complete and accurate tax return to avoid “extensive processing” and delays, according to the IRS. One of…
Tag: Tax planning
Tax filing season has kicked off. Here’s how to get a faster refund
[ad_1] Drakula & Co. | Moment | Getty Images How soon to expect a tax refund after filing your return Typically, you will receive a refund within 21 days if…
Tax season starts with boosted IRS workforce, new technology as agency begins to deploy $80 billion in funding
[ad_1] kate_sept2004 | E+ | Getty Images Tax season kicked off for individual filers Monday with a bigger IRS customer service team and enhanced technology as the agency begins to…
Roth IRA conversion taxes may be trickier than you expect. Here’s what to know before filing — or converting funds in 2023
[ad_1] If you made a Roth individual retirement account conversion in 2022, you may have a more complicated tax return this season, experts say. The strategy, which transfers pretax or…
There’s still time to avoid a penalty for fourth-quarter estimated taxes — but the clock is ticking
[ad_1] Constantine Johnny | Moment | Getty Images There’s still time to avoid a penalty if you didn’t pay enough taxes in 2022 — but the clock is ticking. If…
Despite falling inflation, nearly one-third of Americans will rely on tax refunds, survey finds. Here’s how to get your refund faster
[ad_1] Bill Oxford | E+ | Getty Images Despite falling inflation, many Americans are still struggling financially and will need their annual tax refund to help cover the basics. Some…
Tax season opens for individual filers on Jan. 23, says IRS
[ad_1] It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced on Thursday. For most taxpayers, you must file your federal return and pay…
‘Don’t wait until March’ to hire a tax pro, says advisor — 3 moves to make before the 2023 tax filing season opens
[ad_1] mediaphotos | E+ | Getty Images Enlist tax prep help One of the first things to consider: Will you be filing your own taxes this year or tapping an…
House Republicans vote to strip IRS funding, following pledge to repeal nearly $80 billion approved by Congress
[ad_1] New U.S. Speaker of the House Kevin McCarthy, R-Calif., speaks with reporters in Washington, Jan. 7, 2023. Jon Cherry | Reuters House Republicans on Monday night voted to slash…