We are currently in the middle of the 2022 tax return filing season, and we get frequently asked for filing advice. Best practices for submitting income tax forms and interacting with the IRS, state taxing agencies, and municipal taxing authorities.
Use E-File And Choose Direct Deposit.
You’d be shocked at how many people still rely on paper returns, despite the fact that this may seem like common sense, especially given the current backlog of paper returns. Use e-File whenever possible.
File An Accurate Return
Before you prepare a return, make sure you have all the required paperwork. It’s essential to make sure that you have the most up-to-date information and documentation this year in particular. Make sure you have the Advance Child Tax Credit and Economic Impact Payment letters in addition to W-2s, Form 1099s, and other income-related documents when filing.
Use IRS Online Resources To Further Help Your Understanding
Additionally, the IRS offers taxpayers a number of alternatives to be informed about crucial tax information, including:
Keep up with the most recent tax topics and notifications by subscribing to the IRS’ official email lists and social media sites.
For the most recent information on tax changes, fraud warnings, programs, goods, and services, download the IRS2Go mobile app, watch IRS YouTube videos, or follow the IRS on Twitter, Facebook, LinkedIn, and Instagram.
Make Sure To Use Free Resources By The IRS.
The IRS advises using the various free help choices available throughout this difficult year, including many of the services on IRS.gov. The ideal practice is to use tax software to eliminate the delays associated with completing a paper tax return, improve accuracy, and expedite the filing process. IRS Free File is a choice for taxpayers in need. Any individual or household who earned $73,000 or less in 2021 is eligible for the IRS Free File program.
Resolve Your Tax Bills
If you’ve found yourself in a nasty mess with the IRS, take a deep breath. For taxpayers who may have difficulty paying off an excessive amount of tax debt, there’s a new and improved relief program that consolidates many major relief programs into a one-size-fits-all assistance program. Any issues regarding back taxes, unfiled years, or any other tax-related problems may be solved through one program; the IRS Fresh Start Program!
How Simple Is Qualifying?
Considering that the Fresh Start Program is a federal program, you would think meeting the qualifications may be very difficult, but really, it’s a lot simpler and quicker than you think. Take the following steps in order to find out if you are eligible in as little as 3 minutes.
- Fill out some basic information about yourself and your back taxes here.
- Have a representative reach out to you to discuss your eligibility.
- Go through the enrollment process and finally reduce or eliminate your tax liabilities.