Tax Day Monday

Tax Day is coming up this Monday, April 18, 2022. Don't forget to file!

Next year, get a head start with advice from the Internal Revenue Service.

• Gather and organize your records. Many people rely on a professional to work on their returns, and April is such professionals' busiest time of year. As a result, it's imperative that taxpayers have all their necessary documents ready prior to their appointments. Any delays could force appointments to be rescheduled, and there's no guarantee tax professionals will have any open dates on their calendar as the filing deadline draws closer. The IRS notes taxpayers will need their W-2s from employers, forms 1099 from banks and other payers and other income documents and records of virtual currency transactions.

• Where applicable, confirm your Individual Taxpayer Identification Number has not expired. The IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain, a Social Security number from the Social Security Administration.

• Contact your tax professional. It pays to contact your tax preparation professional with any questions you have well in advance of Tax Day. That's true for all taxpayers, but especially so for anyone who filed for unemployment, or received an Economic Impact.

More information is available at http://www.irs.gov.