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  • [ April 22, 2018 ] Cartoon: Just Say Uncle Arts
  • [ April 22, 2018 ] Educators Credit Union gives students Hands-On Financial Literacy Lesson Business
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April 22, 2018
HomeBusinessEducators Credit Union Shares Some Must Do’s For Tax Season

Educators Credit Union Shares Some Must Do’s For Tax Season

March 9, 2018 Richard Katschke Business, Sponsored 0
Educators Credit Union

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. Make sure you have everything sent to the IRS by that date. The government requires that all tax documents be delivered by Jan. 31. If you have not received a tax document you are expecting by then, follow up with the organization that is sending you the document.

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. Never agree to let a tax professional deposit your return into their account first and then give it to you.

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.

Educators Credit Union is committed to making a positive difference where we live and work.We like to go above and beyond with the services we offer our members. Click here to see what makes us different.

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