Tax time is here! Wouldn’t a big tax refund come in handy? Here are some steps you can take now to boost your tax refund when you file this year.
In 2021 the tax due date was extended causing some confusion, but in 2022 the IRS has announced that taxes will be due on April 18. The sooner you can complete your tax forms and submit, the sooner you can receive your tax return and avoid any tax penalties or extension paperwork. Even if you aren’t required to file a tax return because your income is low, file anyway to claim your refund for taxes withheld and any refundable credits you are entitled to. If you wait more than two years to file, the IRS will not issue you a refund.
Filing your taxes doesn't have to be taxing. AllSouth members now have more choices and more savings this tax season. We've partnered with TurboTax® and H&R Block® to help you file your way and get special member savings. AllSouth members can save up to $15 on TurboTax and new H&R Block clients can save $25. Click here to get started today!
The information in this article is for general educational purposes only and not intended to provide specific advice or recommendations. Please discuss your particular circumstances with an appropriate professional before taking action.
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