02/10/2024
Well, 2023 tax season has officially started, though any returns with the EITC & CTC won't be processed until mid-month. The earliest refund ck on those are due in late February or early March. Though the IRS started late (on Jan 29th).. the first due date is still April 15th. You can efile until October 15th, but if you owe any tax, it is due on April 15th. At the minimum, always file an extension.. you won't then be assessed any penalty for late filing, only on any tax owed. If you're owed a refund, you have 3 yrs to claim it without penalty. The constant hammering about April 15th is misleading.. it is NOT the last day to file in any given tax year. Also, the 2020 tax year expires on April 15th. That cannot be changed due to Statute of Limitations. Many didn't file because of the pandemic .. you still have time to claim any refund or rebate for that year. It is important you do so, after April 15th the US Treasury gets to keep it. Processing is going smoothly this year.. refunds are coming in about 2 wks rt now. Please be aware that most tax services raised their fees, some are ridiculously overcharging. Always ask the price upfront & don't sign anything you don't agree to.. you can always p/u your paperwork & walk away. If you have any questions, please contact me. I'm always happy to help.