Open Season- The Nation's Tax Season Officially Opens Today!

As the clock struck midnight, it was not just the start of a new day but the opening of the much-anticipated tax season! Today marks the official kickoff of the nation's tax season, and we couldn't be more excited to guide you through this journey of financial empowerment.

Embrace the journey to financial success tax season is more than just a time to gather paperwork and file documents. It's an opportunity to reassess your financial health, plan for the future, and make informed decisions. Whether you're a seasoned tax-filer or a first timer, we're here to help you navigate the tax season with confidence and clarity. It starts with the first step to preparing the best return starts with the collection of documents.

From the primary tax documents like, W-2’s, 1099’s and 1098’s to business receipts or tax credit documents. The gathering of all the necessary documents is imperative. A vital tool to successfully gathering the needed documents for tax preparation of your 2023 tax return is a Tax Checklist. Hopefully you followed our recommendation from our previous blog and acquired a Tax Checklist. If you are working with a Tax Professional, you most likely receive one directly from them. If you did not receive one or could not find a checklist, please email us and we will send you a copy right away. We also have a general checklist available under our Checklist tab on our website.

What to Expect on Our Tax Season Journey

Key Dates to Mark on Your Calendar this Tax Season:

• January 29th: IRS begins 2024 tax season and starts accepting and processing individual 2023 tax returns.

• January 26th: Earned Income Tax Credit Awareness Day to raise awareness of valuable tax credits available to many people – including the option to use prior-year income to qualify.

• February 27th: EITC refunds for many are available. The IRS cannot issue a refund that includes the Earned Income Tax Credit or Additional Child Tax Credit (ACTC) before mid-February.

• April 15: National due date to file a 2023 tax return or request an extension and pay tax owed due.

• October 15: Due date to file for those who request an extension on their 2023 tax returns.

Let's Make This Tax Season Remarkable!

Remember as you have heard your friendly neighborhood Tax Man say before, you do not have to take this tax journey alone. There are plenty of amazing tax professionals available, ready, and willing to assist you. With even the simplest questions.

Join us as we embark on this tax season adventure together. Your success is our mission, and we're here to make this tax season not just manageable but remarkable.

Stay tuned for our upcoming posts, filled with insights, tips, and maybe a sprinkle of tax season humor. Here's to a season of financial triumphs and stress-free filing!