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Why You Shouldn't Wait Until April To File Your 2016 Taxes

Source: forbes.com - Jan 16, 2017

This story originally appeared on LearnVest as "Should You File Your Taxes Early?"

January means snow days, NFL playoffs, and for an estimated 153 million Americans, the beginning of tax season. The official kickoff—that is, the first day that individual 2016 income tax filings are accepted and start getting processed—is Monday, January 23, IRS officials recently announced.

If reminders about tax time make you want to hit the snooze button until spring, hear us out. Putting off your taxes (especially if you wait until the last minute, as about one in seven taxpayers do) can make you a basket case come April 18, which is this year's filing deadline, as April 15 is a Saturday.

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Category: General Business

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