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Form 8453-S online Clarksville Tennessee: What You Should Know

The IRS may have changed the date it needs you to file income tax returns, but there is still time to get an early Christmas present by e-filing your 2024 tax return. The good news is, filing electronically makes the process quicker and more secure than filing traditional paper documents. You could even receive a bonus of up to 1,000 as a filing incentive under the Pay As You Earn (PAY) program. If you're already paying a mortgage, refinancing or any other monthly expenses online, you already need to e-file as well! However, if you're still waiting on your home or refinance bill, getting a bill in the mail is the fastest way to catch up. The IRS is allowing you to file the 1040-X electronically from Nov 1st, 2024 (date this change goes public) to Oct 31, 2024 (this date this change will be in effect once it is published again in the Federal Register). This means your return will start to be processed and mailed back to you electronically. You may find all sorts of reasons to file on time. Most likely, you are trying to maximize tax deductions and maximize your refund. Additionally, if you or your business are planning to itemize deductions, your return can be completed faster. However, I believe, your tax return should go through and be processed before you file any other paper work, e-mail or other electronic communication. This includes paper checks, wire transfers, or paper mail. The good news with filing online is you can even get a tax extension once filed to extend your filing date. If you have questions about the new changes to e-file status, or if you need a refresher, get in touch with an authorized tax preparer. You can find more information on the IRS website. See the article, 5 IRS tips to keep the holidays productive and the online filing season efficient, for more tips on using e-filing and getting tax forms completed in an efficient and convenient manner. Tax Refunds For Business and Professionals This tax season has been packed with surprises. Some tax refund payments came as a major surprise. For all of us in the workforce, it has been a long struggle to get enough money to pay taxes. Businesses are having the same struggle. So if your business is in jeopardy from income tax, you need to make sure that you file your federal income tax return ASAP and get the tax payments when due.

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