Tax season is here, and Educators Credit Union wants to make sure you avoid any problems filing this spring. We have put together a list of must-dos as you submit your taxes to the Internal Revenue Service.
Taxes are due by Tuesday, April 17.
When arranging a direct deposit for a tax refund, make sure to use your correct account number. Your account number can be found on the bottom of your checks. If you do not have checks, contact your financial institution to get the correct account number to guarantee your return is deposited into your account.
If you do not use the correct account number, you are liable for lost refunds. Double check that you are providing accurate information. The IRS issues returns by account numbers, not names, to verify payment. If an issue occurs, contact the IRS right away. Visit www.IRS.gov for contact information.
Having a professional file your taxes? Thoroughly review your tax agreement before handing over valuable information. Avoid hidden fees or agreeing to something that doesn’t sound right. Do your research beforehand to make sure you are using a quality service.
We hope these tips can help protect you this tax season. If you have additional questions about filing your taxes, please contact a tax professional for assistance.
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