Tax season is one of the most stressful times of the year. Taxes are confusing, and it’s easy to make mistakes, which can lead to additional fees and penalties. If you’re new to filing taxes, there are some things you need to know before you file your return.
Below, we will share some essential insights into tax refunds that will give you a better understanding of how they work. If you still have questions or you need professional assistance with your taxes, call tax refund attorney Mary King to schedule a consultation. Be sure to stick around until the end for contact information.
Essential Refund Tips for Every Taxpayer
Stay Organized: If you want to be prepared for the next tax season, keep your records organized. It’s important to keep receipts and other relevant documents such as proof of purchase and bills (e.g., rent or mortgage statements). These documents can help you during the filing process.
File on Time: You always want to make sure you file your taxes on time. The IRS charges interest on any unpaid balance, so make sure that you always pay on time.
Educate Yourself: Keep up with tax laws by reading IRS publications and updates—this can help you become a tax pro come tax season, thus making your taxes a much easier process.
Remember that many major life events may require a change in how much income is taxed or whether certain deductions are allowed, so consult a professional tax refund attorney for specific questions before making any changes to your return.
Is It Possible to Get a Bigger Refund?
This is obviously a common question asked by many taxpayers. As we mentioned above, staying organized is important, and it can go a long way in ensuring that you maximize your refund. This means that you need to keep track of receipts, tax documents, and forms throughout the year.
These essential papers could include receipts for charitable donations, student loan interest documentation, and property tax forms. You can keep track of the documents that will help you get the most refunds, whether you use a spreadsheet, a digital organizer, or an old filing folder.
What’s more, you should start your taxes as soon as possible. This will ensure that you don’t forget about tax credits and deductions in a race against time. You can also improve your chances of getting a bigger refund by contacting a tax refund attorney. These tax experts understand the intricacies of taxes better than anyone and can help you further maximize your refund where possible.
When Do You Get Your Tax Refund?
According to the IRS, most tax refunds arrive within 21 days after filing. If tax filers want to know when they will receive their refund, they can track their status online at IRS.gov. You can also download the IRS2Go app or use the IRS’s “Where’s my Refund?” option. If it’s been more than 21 calendar days since your online tax return was filed or six weeks since you sent a paper tax return by mail, “Where is My Refund?” will be available. If necessary, you can always contact the IRS directly.
Please note that the IRS could hold on to your refund if there are outstanding debts, such as student loans or child support. You will get your full refund if you pay those debts on the due date. Also keep in mind that your tax refund will be processed faster if you go digital. According to the IRS, e-files and direct deposits will speed up your tax refund.
When Do Refunds Arrive That Used an Extension?
In the event that you had to request an extension from the IRS, you can expect to receive your tax refund after your tax return has been filed. For assistance with this, it is strongly advised that you seek the help of an experienced tax refund attorney.
At the Law Offices of Mary E. King, we have the knowledge, experience, and expertise to ensure a smooth filing process. Our team is comprised of highly accomplished tax law experts who can assist you in all of your tax-related matters. If you struggle with your taxes every year, or you just want to ensure that you file correctly, it pays to have a trusted tax refund attorney in your corner.
Do You Need Professional Assistance with Your Tax Refund?
We invite you to call the Law Offices of Mary King today if you need expert help with your tax refund. Our team is always here to lend a helping hand, so don’t hesitate to get in touch with us. You can reach us at 941-906-7585. You may also fill out and submit our contact form to get started.
The information in this blog post is for reference only and not legal advice. As such, you should not decide whether to contact a lawyer based on the information in this blog post. Moreover, there is no lawyer-client relationship resulting from this blog post, nor should any such relationship be implied. If you need legal counsel, please consult a lawyer licensed to practice in your jurisdiction.