Tax Season Is Upon Us

Yes, it is once again tax season.  Your mailbox has probably started to receive those ever important tax information mailings.  So, what can you do to help ease the stress that often comes with tax season? 

First of all, remember irs.gov.  There are many resources available that can be found by searching the site and using the online tools and resources which are available 24 hours a day. 

For taxpayers with earned income of $72,000 or less, IRS Free File could be an opportunity to file electronically for free.  If you don’t want to file electronically, but want to file on paper, Free File Fillable Forms are also available. 

While preparing your taxes, you may have questions.  There is an interactive tax assistance that has updated answers to many questions for situations which may not have been encountered previously.  Here again, this is available 24 hours a day.

Have you decided that you don’t want to prepare your own taxes, but don’t know how to find a preparer? IRS.gov has a great resource – Choosing a Tax Professional – which provides information to assist in what you need to look for in making your selection.

There is also a Directory of Federal Tax Return Preparers with Credentials and Select Qualifications that list professionals with IRS-recognized credentials.  This directory is arranged by geographical areas.  

Once your taxes are done, you may be looking to receive your refund.  Where’s My Refund is available on irs.gov which is updated daily and can track electronically filed returns within 24 hours after being filed or four weeks after a paper return is received. 

To expedite receiving your refund, you should file electronically and select direct deposit for receiving your refund. 

If you would like to view your federal account information online, visit irs.gov to set up an account.  This will enable you to view your account balance, payment history and key information.  If you are accessing the site for the first time, you will need to authenticate your identity through a secure access process. 

Good luck for the tax season and please, don’t procrastinate.  We can’t plan on an extended period of time to file as we saw in 2020. 

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Kay Sowa

About the Author

Kay Sowa is a paralegal in the Trusts and Estates Group at Capehart & Scatchard, P.A. She is an IRS Enrolled Agent, an Accredited Estate Planner®, and a Certified Trust and Fiduciary Advisor. She oversees the trust and estate administration practice for the firm. She is an accomplished author and lecturer who has frequently spoken on behalf of a number of organizations including the National Business Institute and the Institute of Paralegal Education.

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