When Does Tax Season Start? Prepare Now!
Updated: Nov 3, 2021
Tax season is just around the corner, and you're probably asking yourself "when does tax season start?" If so, then you are not alone. We all go into this time of year with a sense of trepidation knowing that we will be dealing with complex forms and stress-inducing deadlines. On the bright side, if you're reading this, you're wondering how soon you can be prepared for the tax season, and you can be on your way to receiving your refund sooner than others!
When Does Tax Season Start?
Individual taxpayers usually prepare financial statements for the previous year and file their tax returns during tax season, which runs from January 1st to April 15th of each year. Individuals in the United States are generally required to file their yearly tax return by April 15 of the year after any reportable income. Late penalty fees and interest charges apply to tax returns submitted beyond the end of the tax season. In addition to dates and deadlines, to better prepare yourself for the tax season, you should always be caught up on your payments.
Be Fully Prepared
If your ultimate goal is to always be prepared for tax season, you've come to the right place, but being fully prepared is not as easy as it seems. In unfortunate circumstances, you may have years of accumulated back taxes that you owe to the IRS. In cases like this, there's a relief program that consolidates many major relief programs into a one-size-fits-all assistance program; The IRS Fresh Start Program. Our clients are referred to our Fresh Start Program in order to avoid bankruptcy, acquire debt relief, and settle their debts in a quick manner. Let us give you a helping hand today!
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Resolve your tax debt before the IRS surprises you with late fees and penalties!
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