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Finance Tips: Submit Your Taxes Early To Double Your Money

It’s never too late to prepare your taxes, and one tax preparer is encouraging clients to do so by offering a reward. A weekly “Double Your Refund” sweepstakes was launched on Monday by tax preparer Jackson Hewitt and will continue until April 2.

To guarantee their refund, Americans should start preparing their tax returns for this year as soon as possible. You can still file your returns now even though the IRS hasn’t yet announced a deadline for doing so if you want to be sure that they’ll be among the first ones handled by the agency and that you’ll be eligible for the Jackson Hewitt sweepstakes.

For the majority of Americans, tax refunds represent their biggest paycheck of the year. The majority will receive more than $3,000, claims Mark Steber.

If you file your tax return now to get in line for when the IRS starts processing tax returns, it will be among the first to be done so. You’ll also be among the first to get your refund check if there are no problems according to an article published by USA Today on January 12, 2023.

For the following three reasons, we should file our taxes ahead of time. This entails safeguarding your data, allowing more time for you to finish an accurate tax return, and saving money in case you end up owing someone.

In order to help senior citizens stay in their homes, many states have some sort of program to freeze or reduce their property taxes. Be aware of your options and any benefits you might be eligible for.

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