5 Trusted Resources To Help You Prepare Your Federal Tax Return

Posted by Karen Erdelac on Mar 21, 2023

5 Trusted Resources To Help You Prepare Your Federal Tax ReturnWith the 2022 tax filing deadline fast approaching, the Internal Revenue Service has updated resources and tools to help with your tax preparation.

Here are five of the latest IRS tax guides and the topics they cover.

1.  Make IRS.gov the first stop for tax help

  • Prepare and file taxes online for free
  • Track important business tax dates and deadlines right from your desktop.
  • Your  Online Account can help

2.  Things to consider when filing a 2022 tax return 

Changes to credits and deductions

3.  Report all income; gig economy and service industry, digital or foreign assets and sources 

  • Gig economy earnings are taxable
  • Service industry tips are also taxableUnderstand digital asset reporting and tax requirements 

4.  Electronic payment and agreement options for taxpayers who owe 

  • Late filing versus late payment
  • Same-day payments, short- and long-term payment plans
  • Options for those struggling to meet their tax obligations
  • Video: Avoiding Interest and Penalty Charges  

5.  Use the Where’s My Refund? tool or the IRS2Go app to conveniently check your tax refund status 

  • Refund updates
  • Refund timing
  • Earned Income Tax Credit and Additional Tax Credit.

If you’d like face-to-face help with your tax return, use this link to find the closest Taxpayer Assistance Center

Remember, the deadline for most taxpayers to file a tax return, pay any tax due, or request an extension to file is Tuesday, April 18. 

Since 2005, Quikstone has helped thousands of merchants with easy, fast, and flexible working capital for all their business needs. If you accept credit cards, you could qualify for up to $250,000.   Contact us today to learn more.

Quikstone Capital Solutions does not provide legal, tax, or accounting advice. Be sure to consult your own legal and/or tax advisors before making any financial decisions.

Apply Now