Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

7 Ways You Can Prepare For a Better 2023 Tax Season NOW

October 27, 2022 · Personal Finance
tax planning
Photo by Ground Picture from Shutterstock

#4 File electronically

When anticipating a tax refund, electronic filing is recommended. You can anticipate receiving your refund between three and six weeks earlier because the IRS handles electronic returns more quickly than paper ones. The waiting period is much less if you have your return instantly deposited into your bank account or IRA.

In addition to a quick reimbursement, e-filing has more benefits to offer. Your chances of filing a proper return increase since the IRS checks your return to ensure it is complete. Compared to 20% of paper returns, errors occur in less than 1% of electronic returns.

Even if you submit your paper refund by certified mail, the IRS still recognizes that it received your return. This aids in defending you against the interest and fines that may be incurred if your paper return is misplaced.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • Tax Cut state New $6,000 Senior Tax Deduction: How Much You Could Save in 2025–2028
  • Tax Refund New Court Ruling Could Mean IRS Refunds for Pandemic Tax Penalties (2020–2023)
  • A contemplative retiree sitting on a porch during sunrise, reflecting on his new life stage. Mental Health in Retirement: Why Depression Spikes After Leaving Work (and How to Fight It)
  • A happy senior couple enjoying the view from their new modern apartment balcony at sunset. How to Downsize Smartly: Selling the Family Home and What to Do With the Money
  • A healthy senior couple walking outdoors on a sunny day, representing vitality and retirement wellness. GLP-1 Weight Loss Drugs (Ozempic, Wegovy) for Seniors: Benefits and Risks
  • An active senior couple walking through a modern, sunlit retirement community clubhouse. Best Senior Living Communities in America: What to Look For in 2027
  • A senior couple looking at a tablet in a bright living room, symbolizing retirement planning clarity. The SECURE Act 2.0 Explained: How New Retirement Rules Affect Seniors
  • An active senior woman wearing a stylish smartwatch in a sunny garden. Best Wearable Health Devices for Seniors: Beyond the Apple Watch
  • A senior woman looking calmly at her smartphone in a bright, modern living room. How Seniors Can Protect Themselves From the Latest AI-Powered Scams
  • An older couple shares a tender moment on a sunny porch, representing cognitive health and family support. Dementia Early Warning Signs Doctors Say Seniors Shouldn't Ignore

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

money million

11 Ways Boomers Waste Money in Retirement

Looking for bargains This is one of the easiest traps you can fall into. With…

Read More →
housing withdrawing money from your retirement account

5 Tips You Need to Know When Withdrawing Money from Your Retirement Account

Since you’ve become a part of the workforce, all that you heard was accumulate, accumulate,…

Read More →
Retirement Plans

New Retirement Rule Changes Taking Effect in 2026

4. Social Security Benefits Are Increasing Slightly Millions of retirees rely heavily on Social Security…

Read More →
mistakes

7 Social Security Mistakes That Could Cost You a Fortune

Making an isolated decision According to Charlie Bolognino, a certified financial planner at Side-by-Side Financial…

Read More →
retire

10 Things Retirees Hate About Social Security

Not enough workers The downside of having too many beneficiaries when it comes to Social…

Read More →
social security

9 States to Live on Your Social Security Check Alone

5. Missouri Their average rent for a one-bedroom apartment is just a few dollars under…

Read More →
IRS Audit

8 IRS Audit Red Flags

You’re worried about an IRS Audit?

Read More →
tax-saving strategies

4 Tax-Saving Strategies for the 2025 Bracket Update

A mature man smiles while reviewing paperwork, discovering how these smart tax-saving strategies can help…

Read More →
recession

9 Smart Ways to Recession-Proof Your Retirement

A confident senior man monitors market trends on his tablet, taking proactive steps to secure…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.