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Your email address will not be published.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

spousal

How Can You Increase Social Security with Spousal Benefits?

Divorce and Social Security spousal benefits Spousal benefits are available even after the marriage ends.…

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 →
A couple reviews financial documents at a table, with travel plans and creative hobby materials present.

The Ultimate Pre-Retirement Checklist: Everything to Do in the 5 Years Before You Retire

2 Years Out: Taxes, Taxes, Taxes As you get closer to retirement, your focus must…

Read More →
job

5 Important Retirement Changes to Know About in 2023

Planning for retirement is definitely one of the most critical financial tasks most Americans have…

Read More →
2024 social security

Social Security Tax Wage Base Increases in 2024! Here’s What You Should Know

Carefully calculating the 2024 Social Security tax wage base increase with a notebook, calculator, and…

Read More →
veteran

How to Find The Perfect Side Gig as a Veteran

Being a veteran is not always easy, especially when it’s time for retirement and you…

Read More →
A senior couple looking concerned while reviewing financial information on a laptop in a sunlit kitchen.

AI-Generated Tax Mistakes Everyone Should Know About

AI chatbots can make costly mistakes with retiree taxes. Learn about the "training lag," HSA…

Read More →
Retirement Financial Planning Tip

10 Genius Retirement Financial Planning Tips You’ll Thank Us For

A smiling woman enjoys a warm drink in her sunlit garden, reflecting the peace of…

Read More →
Trump second term tariffs

5 Shocking Ways a Trump Second Term Could Impact Baby Boomer’s Finances

A thoughtful man gazes over his suburban neighborhood at dusk, contemplating how the next election…

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.