The IRS recently announced January 23rd as the official start to the 2023 tax filing season! With W-2 and 1099 reporting deadlines mostly in the rear view mirror and that information starting to arrive in your mailbox, now is a great time to start accumulating your documentation and other information to prepare for the tax filing deadline. Here are some best practices that can ensure a smooth and stress-free process:
Review your 2021 tax returns:
Gather all necessary documentation:
Revisit tax plan prepared by your tax professional:
By following these best practices, you’ll be well on your way to a stress-free and successful tax season. Remember to stay organized and seek help if you need it. And, most importantly, make sure to file your taxes on time to avoid any penalties or late fees!