IRS issues new guidance ahead of the upcoming 2023 tax season expected to start January 23, 2023.

Important Reminders:

Have all your tax information organized BEFORE you go to file your tax return
File a complete and accurate tax return to avoid unnecessary delays and/or penalties. Especially if you received 1099’s or Advance Payment of Credits
File electronically and or use direct deposit to speed up your refund. Most refunds will be issued in less than 21 days
Dont rush – make sure you don’t overlook eligible Deduction or Credits
Low-income or Elderly taxpayers can file for free with Volunteer Income Tax Assistance and Tax Counseling for the Elderly or Free File
The filing deadline to submit 2022 tax returns or an extension to file and pay tax owed is Tuesday, April 18, 2023, for most taxpayers. By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way as federal holidays. The due date is April 18, instead of April 15, because of the weekend and the District of Columbia’s Emancipation Day holiday, which falls on Monday, April 17. Taxpayers requesting an extension will have until Monday, October 16, 2023, to file.
Most income is taxable unless you provided basis, deductions, exemptions, etc

There are several important dates taxpayers should keep in mind for this year’s filing season:

January 13: IRS Free File opens
January 17: Due date for tax year 2022 fourth quarter estimated tax payment.
January 23: IRS begins 2023 tax season and starts accepting and processing individual 2022 tax returns.
January 27: Earned Income Tax Credit Awareness Day to raise awareness of valuable tax credits available to many people – including the option to use prior-year income to qualify.
April 18: National due date to file a 2022 tax return or request an extension and pay tax owed due to the Emancipation Day holiday in Washington, D.C.
October 16: Due date to file for those requesting an extension on their 2022 tax returns.

You can read the full IRS press release here