Tax Season Update: Filing Your 2023 Taxes Made Simple

As the holiday season winds down, it’s time to gear up for tax preparation. While not the most thrilling time of year, staying prepared can alleviate future tax-related stress. Key dates and deadlines from the IRS and state tax agencies empower timely action when tax season rolls around.

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Know Your Deadlines

The IRS typically begins accepting federal tax returns in late January, and Delaware’s Division of Revenue kicks off the processing of 2023 state income tax returns on Jan. 23. Being aware of these dates allows for efficient planning when it’s time to file.

Mark your calendar: Federal tax returns for 2023 are due by Monday, April 15. Filing for an extension with Form 2868 extends the deadline to Tuesday, Oct. 15. Delaware residents should note the personal income tax return deadline of Tuesday, April 30, applicable to both residents and non-residents employed in the state.

Understanding the filing deadlines is crucial, as it ensures compliance and may impact potential refunds. Exploring available filing assistance, such as free programs or paid preparers, helps navigate the process effectively and meets deadlines.

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Navigating Tax Filing Effortlessly

The process of filing taxes requires careful consideration of available options. Whether choosing self-filing, paid preparers, or free assistance programs, assessing eligibility and understanding extension options is vital.

Vigilance against potential scams during tax season is essential. The IRS doesn’t solicit personal information via email, texts, or social media. Also, be aware of potential delays in refund processing and exercise caution against fraudulent activities during this period.

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