Why Filing Your Taxes Early Could Save You Stress and Money

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Why Filing Your Taxes Early Could Save You Stress and Money

//business-finance.news-articles.net/content/202 .. taxes-early-could-save-you-stress-and-money.html

Published in Business and Finance on Friday, March 14th 2025 at 9:20 GMT by Investopedia

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Filing your taxes early can get you your refund faster. You'll have more time to plan how you'll pay your taxes if you prepare your return before the deadline.

2025-03-14 165 x 110 / 4495 Bytes

The article from MSN Money discusses the benefits of filing taxes early, highlighting how it can save both stress and money. Filing early allows individuals to avoid the last-minute rush, reducing the likelihood of errors due to haste, which can lead to audits or delays in refunds. Early filers can also benefit from quicker refunds, which can be crucial for financial planning or emergency expenses. Additionally, by filing early, taxpayers can better manage potential tax debts, as they have more time to arrange payments or seek professional advice if needed. The piece also notes that early filing helps in protecting against tax-related identity theft, as it reduces the window for fraudulent filings. Lastly, it mentions that tax software and professionals are less overwhelmed early in the season, potentially providing better service and support.

Read the Full Investopedia Article at:
[ https://www.msn.com/en-us/money/personalfinance/why-filing-your-taxes-early-could-save-you-stress-and-money/ar-AA1AV2NS ]