IRS starts accepting 2022 returns. Tax return and tax payment deadline is up to April 18, 2023

The IRS (Internal Revenue Service) is the US Internal Revenue Service responsible for tax collection and tax codes.

This year, the IRS begins accepting 2022 tax returns on January 24, 2023.

Tax returns must be filed (or you must file a tax extension form):

• if you are self-employed (that is, you are not officially employed by any company or work under W9) - until April 18, 2023, submission form 1040
• if you are in a partnership - by March 15, 2023, form 1065
• if you have an LLS prior to April 18, 2023, Form 1040
• if you have an LLS in partnership - by March 15, 2023, form 1065
•  if you have an S Corp - by March 15, 2023, Form 1120S
•  if you have a C Corp - before April 18, 2023, Form 1120

If you are unable to file your return by the due date, you can request an extension until October 15, 2023, however, this does not release you from the obligation to pay taxes by the due date.

Filing a tax return is not just a formality, it is a legal obligation of every US citizen and resident who receives income.  The declaration must indicate all income for the previous year, including salary, interest on deposits, investment income, etc.  It is also necessary to indicate in the declaration all possible tax deductions that can reduce the amount of tax debt.

Failure to comply with the deadlines for filing a tax return or non-payment of taxes can lead to fines and even criminal liability.  Therefore, it is important to comply with all tax requirements and file your tax return on time.

If you are not sure about the correctness of filling out the tax return or you have any questions, then you can always contact me.