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Your email address will not be published.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

A mature couple looking at a tablet together in a bright, modern home, representing financial peace.

2026 Roth IRA Limits: What Savers Need to Know

The 2026 Roth IRA contribution limit is now $7,500 ($8,600 for age 50+). See the…

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 →
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 →
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 →
retirement income tax state, retirement distributions

7 States That Don’t Tax Your Pension, 401(k), Social Security, and More

On the other hand, New York excludes $20,000 of annuity and retirement benefits for those…

Read More →
A retired couple reviews their 2026 financial plan on a tablet in a bright, modern home office.

Medicare Costs in 2026: How Much You’ll Pay for Coverage

Medicare costs are rising in 2026. See the new Part B premiums, Part D caps,…

Read More →
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 →
tax-saving strategies

Could a New Billionaire Tax Plan Mean $3,000 for You?

How Much Do Billionaires Actually Pay Now? Under current federal tax law, wealthy individuals are…

Read More →
tax

5 Tax Records Seniors Should NEVER Throw Out

4. Home-related documents Owning a home is a big deal for everyone and is also…

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.