If you want to get a jump on your income taxes, the Internal Revenue Service is fully on board.
The IRS has announced this year’s tax filing season will begin Jan. 24, 17 days earlier than it started last year. The main reason, like it is for many adjustments the past two years, is coronavirus. The IRS is anticipating a resurgence of COVID cases — underway now across the country — as well as less funding authorization from Congress than requested by President Biden.
IRS Commissioner Chuck Rettig is urging tax filers to file returns electronically and get refunds by direct deposit if that applies. Taxpayers who received a COVID-19 Economic Impact Payment or an advance Child Tax Credit payment need to report the right amount on their returns to avoid any delays in getting their refunds.
April 18 is the nationwide deadline for filing returns or an extension request this year with April 15 celebrated as an Emancipation holiday in the District of Columbia.
