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Posted by sunny365 on February 24, 2021
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Undoubtedly, no one wants to get into debt with the IRS; that is why it is important to have all the papers and books up to date so that you can fill out the tax return correctly. So the sooner you start the better; the season starts on February 12, 2021.

Deductions you should take into account:
-Interest paid on mortgage loans.
-Charitable donations.
-Property taxes.
-Medical expenses that exceed a percentage of your gross income.

Key TAX FILING Season Dates

-January 15: IRS Free File opens; taxpayers can begin filing their returns. The processing begins on Feb. 12.

-February 12: IRS begins 2021 tax season. Individual tax returns begin to be accepted and processing begins.

-February 22: Projected date for the Where’s My Refund tool update.

-1st week of March: Refunds begin reaching those claiming EITC and ACTC (PATH Act returns) for those who file their taxes electronically with direct deposit and there are no problems with their returns.

-April 15: Deadline for filing 2020 tax returns.

-October 15: Deadline to file for those requesting an extension on their 2020 tax returns.

If you require advice regarding your tax return, our team is ready to guide you, assuring a mistake-free filing process:


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