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  • Writer's pictureThe Lincoln Accounting Team

Tax dates and such

Hey there tax enthusiasts,


I bet you're just lounging around, thinking Tax Day is light years away, right?


Wrong! Especially if you're in the Midwest, where we go into hiding until the weather turns in April.


April actually has a sneaky way of pouncing on even the most prepared taxpayer.


In 2024, you've got to get moving by January 29. That's the day tax season officially kicks off.


And when's the D-day? April 15.


TurboTax, H&R Block, they all launch their software in November.


Your W-2, 1099-MISC, and 1099-NEC forms? They should be in your hands by the end of January, or as we like to call it, a week or so ago.


And the IRS Free File? It's up and running on January 12. We'll see how that goes.


So why are you still waiting?


File those taxes early. Get your refund faster. Beat the identity thieves at their own game.


Think you can wait it out till Tax Day? Think again.


New Mexico, Virginia, Louisiana – they all have different tax deadlines. Check your state's rules.


And if you're a procrastinator, there's always the option to file for a tax extension. But remember, it doesn't mean you can pay late.


In 2022, about 19 million taxpayers asked for an extension.


But here's the catch. The extension is for filing, not paying.


You still gotta cough up the cash by April 15 or face the wrath of the IRS.


And your refund? Expect it within 21 days of filing, unless you're claiming the earned income tax credit or additional child tax credit.


In short, get your act together, contact Lincoln!


-R&S


P.S. Are your tax woes giving you a migraine? Use our Chatbot to navigate your personal situation.

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