We’re fewer than two months away from tax filing day on April 15, however, there are numerous reasons why you don’t want to wait to file.
KRPS’s Fred Fletcher-Fierro has more.
The first day that you could file your taxes was two weeks ago on January 29, however, the vast majority of Americans wait until the final month to prepare and file. April 15 is one of numerous tax filing deadlines this year depending on your fiscal circumstances.
There’s also another deadline on April 15 – estimated tax payments for the first quarter of 2024. Also, if you can’t file by the 15th, you can file form 4868 for a six-month extension, good until the middle of October.
Regional Director of the Better Business Bureau in Springfield, Pamela Hernandez says there are various types of tax preparers and it’s a good idea to figure out which is right for you.
“So there’s everything from a non-credentialed tax preparer. They have to have an active tax identification number to the IRS and are only regulated at the state level, they don’t have a national license. All the way up to tax attorney.”
The BBB recommends being wary of tax refund companies that offer large and fast refunds.
Also, you shouldn’t sign your tax refund if asked by a tax preparer, in addition to reviewing your tax return before it’s filed.
Before you pay, there’s plenty of free tax information atirs.gov/filing.
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