Retired in USA

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Your email address will not be published.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

  • tariffs Trump Before You Get Excited About That $5,000 Check Trump Just Promised, Read This
  • Older woman with glasses smiling at a laptop near a steaming mug and notepad on a wooden table. 5 Easy Remote Jobs for Seniors That Pay Weekly
  • An older woman with grey hair sits at a wooden table, listening attentively to an adult man sitting across from her. 5 Family Conversations Every Retiree Should Have Before It's Too Late
  • A senior woman pulls an ID card from her wallet at a retail checkout counter while a cashier scans items. 7 Senior Discounts Store Clerks Never Mention (But Should)
  • A mature couple sits at a wooden table reviewing tax documents with coffee mugs nearby. How to Avoid Major Retirement Tax Mistakes in Your 60s
  • Smiling female park ranger with binoculars points from a wooden observation deck overlooking a river valley and mountains. 9 National Park Jobs for Retirees With Good Salaries
  • A senior man sits at a wooden table holding eyeglasses and reading a Social Security Administration benefit statement. What to Do the Day Your Personalized COLA Notice Arrives in December
  • A cracked glass leaking water on a wooden desk next to an open ledger, steaming mug, eyeglasses, and coins. 5 Silent Money Leaks in Your Retirement Budget
  • Senior couple smiling while reviewing paperwork, a notebook, and an asset allocation chart on a tablet in their kitchen. 10 Ways to Generate Retirement Income
  • A senior man fly-fishing from a wooden boat on a misty, calm lake surrounded by evergreen trees and mountains at sunrise. 10 Great Retirement Destinations for People Who Want to Fish More Often

Newsletter

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

Related Articles

A New Yorker-style editorial illustration of a retired couple on a split bench, balanced between heavy savings and floating travel balloons.

What Retired Couples Fight About Most Financially – and What It Costs Them

Discover the most common financial arguments retired couples face, from Social Security timing to supporting…

Read More →
states, social security

10 States Where You Can Get the Most Social Security

6. Connecticut If you are living in Connecticut, you are a lucky citizen. Because the…

Read More →
IRS Audit

8 IRS Audit Red Flags

You’re worried about an IRS Audit?

Read More →
A mature freelance electrician in a sunlit workshop, looking thoughtfully toward a window during a work break.

Trump IRAs Explained: 7 Things to Know Before They Launch in 2027

TrumpIRA.gov launches January 1, 2027 with a $1,000 government match. Here are 7 things retirees…

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 →
A conceptual mid-century style illustration of a retiree building a shield from planks labeled with financial strategies against a windy bac

5 Ways to Build Your Own COLA Now If You’re Worried About a Smaller Social Security Raise in 2027

Protect your retirement income from rising costs and Medicare premium hikes by building a personalized…

Read More →
An artistic mixed-media paper collage ranking ten layers from tax-free light green to highly-taxed dark rust.

10 Retirement Income Types Ranked by How They’re Actually Taxed

Discover how 10 common retirement income sources are actually taxed and learn how to structure…

Read More →
Tax Refund

7 Ways to Maximize Your Tax Refund in 2023

#4 Improve the Energy Efficiency of Your Home Making your house “greener” is now significantly…

Read More →

Need Extra CASH? 7 Easy Ideas for Seniors

A happy senior man enjoys a sunny garden walk, discovering how easy it is to…

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

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

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.