Should You File Your Taxes Early?

Believe it or not, tax day is right around the corner. That means it’s time to start doing those tax returns. Think it’s too early? Think again. Here are some reasons why filing your taxes early is a good idea.

Bigger Refunds

Filing your taxes early might get you a bigger refund than if you file later. The reason? People who wait often rush through their returns and miss out on things that could get them money back. If you start early, you can take your time, combing every detail to get the most money back possible. 

Time for Payment

If you file your taxes early and you end up owing money, this gives you more time to plan out how you will pay the IRS. You can file at any moment and then not pay until tax day, April 15.

More Help

Let’s say you have a complicated tax return. If you get started now, you’ll find more available appointments with tax professionals. The longer you wait, the busier their schedules will become.

Protection from Fraud

Another reason to file your taxes early is to protect yourself from fraud. The earlier you file, the less time thieves have to steal your information and file a fake return in your name.

Do One Thing: Consider filing your taxes early so that you are not rushed when the deadline approaches.