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Your email address will not be published.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

  • 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
  • A retired couple enjoying a sunset view from a balcony, symbolizing financial freedom and a new chapter. Best States With No State Income Tax for Retirees in 2027
  • A happy senior couple enjoying their safe, brightly lit modern living room. Aging in Place: Best Home Modifications That Keep Seniors Safe and Independent

Newsletter

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

Related Articles

A mature couple reviewing their retirement plan on a tablet in a bright, modern kitchen.

These Common 401(k) Errors Could Cost You Millions

Avoid these costly 401(k) errors to save millions. Learn about 2026 contribution limits, the new…

Read More →
Savings

10 Huge Mistakes That Will Drain Your Savings

A man examines a financial app on his smartphone, illustrating the need to monitor spending…

Read More →
A senior couple smiling while looking at a tablet on a sunlit porch.

9 States That Still Tax Social Security – and One Dropping the Tax in 2026

Discover the 9 states that still tax Social Security benefits in 2026 and the one…

Read More →
social security benefits

Which States Tax Social Security Benefits in 2026?

Connecticut The Nutmeg State tries its best to help retirees with lower incomes, and in…

Read More →

Yes, You Can Earn Extra Cash in Retirement With These 10 Gigs!

6. Local Tour Guide If you happen to live near a big city or actually…

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 →
Claiming Social Security early number

Claiming Social Security Early: 8 Reasons Why You Should Do This

4. You Can’t Work Anymore Having a retirement plan doesn’t always mean that everything will…

Read More →
Tax Cut state

Tax Cuts in 2023: 6 Surprising Ways It Affects Retirees

A smaller percentage of earnings will be subject to federal income tax The Internal Revenue…

Read More →
strategies for baby boomers

Planning a Secure Retirement? Top 4 Strategies for Baby Boomers

A smiling senior couple uses a tablet and travel books to strategically plan their dream…

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.