01/18/2023
The 2023 Tax Season is just around the corner! Some important dates to remember:
Tax season officially begins Monday, January 23rd. This is when the IRS will officially begin accepting and processing returns.
The IRS Free File program began January 13th. Taxpayers who earned $73,000 or less in 2022 are eligible to use this free file program at NO COST through participating tax software providers.
January 31st - Employer furnished W-2’s due. Likewise, independent contractors and gig economy workers should receive 1099-NEC tax reporting paperwork by this date. Other tax reporting forms (1099-DIV, 1099-INT, 1099–K, etc.) should arrive at the end of January through March 1st, if coming direct from a brokers office.
After February 15th, the IRS can start issuing refunds on returns claiming the earned-income tax credit and the refundable portion of the child tax credit (due to the 2015 law).
On February 18th, the IRS “Where’s My Refund?” tool should be available for use with daily updates. If your return is tied to earned-income credit, updates should be available for your use after February 28th with daily updates.
April 18th is the official TAX DAY this year! All 2022 tax forms and payments / payment installment schedules due at this time. (*CA storm victims have already been given an extension to May 15th this year).
April 18th is also the last day you can make contributions for 2022 to certain tax deferred accounts, such as IRA’s and HSA’s.
October 16th is the deadline for all those who filed tax extensions by April 18th. (end of the 6 month extension period)
Our office will be open for limited tax business again this year. If you are a current bookkeeping or consulting business client or a current personal tax client, we will be available to help again this year. Please give us a call to schedule your appointment. New business appointments will be very limited and offered on a first come, first serve basis.
Thanks again for supporting our small family business! I greatly appreciate the opportunity to earn your trust and business.
