5 Tips to File Your Taxes In Under 1 Hour

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1. Get a free second opinion

People often tend to think that they are finished with the whole process and paperwork and then they just file it. But, then they learn that they’ve missed something. So, instead of making this even harder for yourself, ask a professional for an opinion.

Before sending it off, consider talking to a certified public accountant. In addition, the IRS provides Taxpayer Assistance Centers which aim to help taxpayers file their taxes. You have to call and make an appointment beforehand, but they will gladly take a look at your forms and filings.

On their website, they provide a list of centers in each state and you can also find their contact information.

2. Choose E-Filing

It’s way easier and time-saving to file online. In fact, the IRS said that in October 2021 only 15,000 people didn’t file online. The IRS is providing a search tool for e-file providers that are operating in your area.

Also, the tax preparation software can take care of this aspect if you want to. If you don’t choose the online way, it can take up to 4 weeks for it to be processed and another 8 for you to receive a refund.

So which one will you choose? The fast or the slow way?

3. File an extension instead

Forget about filing for a return, file an extension instead. If you don’t have enough time to finish your return and you can’t meet the deadline, it’s better to ask for an extension.

That way you automatically get 6 more months to finish it. But, bear in mind that there’s a catch to it. If you owe the IRS, you still need a payment that is at least 90% of your tax bill in order to avoid penalties.

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