Tax season starts Monday: 8 things to do before you file
CNN
Come Monday, the IRS will start accepting and processing 2023 federal income tax returns.
Come Monday, the IRS will start accepting and processing 2023 federal income tax returns. Filing your taxes is a task you may not like, but it’s one you can’t ignore — at least not without a potentially hefty penalty. Here are eight things that can make the experience of preparing and filing your taxes as easy, efficient and inexpensive as possible. 1. Know your deadlines: Unless you file for an automatic six-month extension, the filing deadline for most people is April 15. And even if you get an extension, April 15 is the day by which you must pay any remaining taxes you owe for 2023, even if you don’t file by that date. Otherwise you may face a late payment penalty — with interest. Tax filers in Maine and Massachusetts, however, have until April 17 to file and pay, due to those states’ holiday observance of Patriots’ Day and Emancipation Day. If you live or do business in a federally declared disaster area, the IRS likely has extended the deadline for you to file and pay. Here is the list of places where tax relief is available.
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