'Tax Day,' the deadline for filing your taxes, is different in 2023. Here's why.
If you want your tax return to go smoothly, experts advise filing online. The Internal Revenue Service’s backlog to process returns hovered at 2.17 million unprocessed individual returns at the end of March. That includes over half-a-million paper returns. You have been warned.
... April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here.If you want your tax return to go smoothly, experts advise filing online. The Internal Revenue Service’s backlog to process returns hovered at 2.17 million unprocessed individual returns at the end of March.
Tax Day does not apply to everyone. The IRS often pushes back the deadline for natural-disaster victims. For example, the IRS recently announced California storm victims now have a May 15 deadline to file their 2022 return and pay any due tax bill. April 18 also marks the last day when people can make contributions for 2022 to certain tax-deferred accounts, such as IRAs and health savings accounts .IRS reveals how it’s spending $80 billion in extra funding — wealthy taxpayers and large corporations can expect more scrutiny
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