Tax Season 2023: Key Dates to Remember
It's that time of year again! Tax season is upon us, and it's important to know the important dates to ensure you file your taxes on time and avoid any penalties. Here are the key dates to keep in mind for Tax Season 2023:
January 1, 2023 - This is the first day of the tax year, and all income earned from this day forward is taxable in 2023.
January 31, 2023 - This is the deadline for employers to send out W-2 forms to their employees.
February 28, 2023 - This is the deadline for individuals who receive Social Security benefits to receive their SSA-1099 form.
April 18, 2023 - This is the deadline for filing your federal tax return for the 2022 tax year. If you're self-employed, you have until June 15, 2023, to file your tax return and pay any taxes owed.
June 15, 2023 - This is the deadline for self-employed individuals to file their tax return and pay any taxes owed.
October 16, 2023 - This is the deadline for filing an extension for your federal tax return if you're unable to file by April 18, 2023.
Remember, it's important to keep accurate records throughout the year, so you're prepared when it's time to file your taxes. You can also consult with a tax professional if you have any questions or concerns.
In conclusion, Tax Season 2023 is upon us, and it's important to know the key dates to ensure you file your taxes on time and avoid any penalties. Stay organized and keep accurate records, and consult a tax professional if necessary. Happy Tax Season!