February 23, 2023 - Douglas Myser


Tax filing season has now begun. If you missed the actual deadline to the start of tax filing season, which this year is April 17th, 2023, don't worry as you still have plenty of time to file. In fact, for those who need to put it off for various reasons, you can still file an extension, which gives you until October 15th to file. If you do file an extension, you still are required to pay what you owe by April 17th, or you will incur a penalty for failure to pay. Tax filing season has now begun.

The IRS gives tips to what you need to do, to make filing easier and you can find that information at this link to the IRS website, IRS. Having the right information prepared and ready before filing is crucial to making the filing process easy. The IRS encourages individuals and businesses to have all their information ready prior to filing an accurate and complete return. Organize and gather the 2022 tax records including Social Security numbers, individual Taxpayer Identification Numbers, Adoption Taxpayer Identification Numbers and this year's identity protection Identification Numbers valid for calendar year 2023.

Filing an accurate tax return can help taxpayers avoid delays or later IRS notices. Sometimes this means waiting to make sure individuals have accounted for all their income and the related documents. This is especially important for people who may receive one of the various forms 1099 from banks or other payers reporting unemployment compensation, dividends, pension, annuity or retirement plan distributions. People should also remember that most income is taxable, including unemployment income, interest received or money earned from the gig economy or digital assets.

If you need to explore Tax Relief options, Tax Resolution may be for you. We can assure you don't have a IRS Wage Garnishment, by filing past due tax returns, then determining the best option for dealing with your tax debt, including the IRS Fresh Start Program.