Latest news with #FreeFileProgram
Yahoo
08-04-2025
- Business
- Yahoo
Tax experts advise early filing to prevent common mistakes
CHICOPEE, Mass. (WWLP) – The deadline for filing your taxes is one week from Tuesday. The IRS receives hundreds of millions of tax returns each year, and while the deadline is April 15th, tax experts tell 22News it is best to file as early as you can in case there are mistakes or missing information. Cryptocurrency's schemes on the rise as popularity increases They also say when you are gathering your documents to file your taxes, either yourself or with a trusted tax professional, make sure to secure anything that may have changed in the past year, including if you have welcomed a new child, whether you get married or divorced, or you made some new investments or opened a business. Besides using a trusted tax professional to file your taxes, there are a few programs through the IRS where qualifying taxpayers can file for free. There is the IRS Free File Program through their website that includes software that will look for deductibles, credits and exemptions. Direct File is another free program for qualifying taxpayers through the IRS in 25 participating states, Massachusetts and Connecticut included. Taxpayers can either file through the mail or electronically, but tax professionals say they prefer e-file, as it is more secure. If you need an extension, the IRS says there are three ways you can get more time. If you pay what you owe online using an online payment option and check the box that you are paying as part of filing for an extension, you will not need to file a separate extension form, and you will also receive a confirmation number. You can use the IRS Free File program to electronically request an automatic extension. You can file for an extension using the proper form either by mail, online, or through a tax professional. You will have to estimate how much tax you owe on the form. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
03-04-2025
- Business
- Yahoo
Tax filing deadline nears: Prepare now to avoid issues
CHICOPEE, Mass. (WWLP) – There's less than two weeks left until the deadline to file your taxes. Springfield officials work together to address federal education funding If you haven't started yet, experts say you should get your documents together and pick a day to get it done before April 15th. It's a good idea to submit before the deadline in case there are any issues or you find you need an extension. Massachusetts residents can use the new Direct File IRS system, which is totally free and works for people with simple returns. There is also an option for filing today, but paying later. The IRS Free File Program is also available through their website that includes software that will look for deductibles, credits and exemptions. Taxpayers can either file through the mail or electronically, but tax professionals say they prefer e-file, as it is more secure. Most tax refunds are received in 21 days if filed online. If filed through the mail, the wait time is generally four weeks. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
24-03-2025
- Business
- Yahoo
Reminders from local experts ahead of tax deadline
CHICOPEE, Mass. (WWLP) – The tax deadline is fast approaching, now just over three weeks away on April 15. Tax season is in full swing. Hundreds of millions of tax returns are filed each year, and if you haven't filed already, tax experts have a few reminders. Granby farm sues Trump administration for freezing federal funding 'You want to get your information from last year to see if anything might be different,' said Ray Maagero of Liberty Tax. 'If there is a life changing event that has occurred in the past year, you want to be sure you consider that for your tax return. Whether you have a new child, whether you get married or divorced, or you made some new investments or opened a business.' Maagero said it is not unusual for them to find additional money for taxpayers that they may have missed in year's past. 'There's always changes that we are concerned about that taxpayers might be missing and we certainly relish the opportunity to help people find those additional credits and deductions,' Maagero said. Besides using a trusted tax professional to file your taxes, there are a few programs through the IRS where qualifying taxpayers can file for free. There is the IRS Free File Program through their website that includes software that will look for deductibles, credits and exemptions. Direct File is another free program for qualifying taxpayers through the IRS in 25 participating states, Massachusetts and Connecticut included. Maagero said there is also an option for filing today, but paying later. 'There's no reason not to file today because you can queue your payment up so it's taken out of your account on the 15th of April, so our recommendation is get your tax return filed, you'll beat the rush,' Maagero said. Taxpayers can either file through the mail or electronically, but tax professionals say they prefer e-file, as it is more secure. Most tax refunds are received in 21 days if filed online. If filed through the mail, the wait time is generally four weeks. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
