Tax Season Is Coming. Make These 4 Moves to Prepare
Last year, the IRS postponed the start of the tax-filing season due to the pandemic. This year, the agency plans to start on schedule and will begin accepting tax returns as early as Jan. 24. That gives you an opportunity to get your taxes in early and avoid waiting months for the refund you think you're due.
But even if you aren't planning to submit your taxes until this year's April 18 deadline, it still pays to prepare for tax season ahead of time. This especially holds true if your tax situation is complicated -- if you own a business or live in one state but work in another. Here are a few moves you can make to get ready and avoid stress in the course of filing your taxes.
Original Article Source Credits: The Motley Fool , https://www.fool.com/
Article Written By: Maurie Backman
Original Article Posted on: Jan 15, 2022
Link to Original Article: https://www.fool.com/taxes/2022/01/15/tax-season-is-coming-make-these-4-moves-to-prepare/