Frost & Associates, LLC
Call Today 202-618-1873

3 reasons to file your taxes early

Tax-filing season is officially underway. It’s an annual rite of passage that stretches to mid-April or (with a six-month extension) beyond.

Here are three reasons why it often makes sense to file sooner rather than later.

Waiting to file can make you more vulnerable to tax refund fraud.

The sooner you file your tax return, the sooner the IRS can process it. This can prevent a fraudster from filing in your name and making off with your refund.

We discussed this issue in our January 12 post.

Refund fraud has been a problem for years. This year, the IRS has introduced a “verification code” on many more W-2s to try to do a better job of matching income and preventing fraud.

Sometimes further paperwork is needed to complete the filing.

Even if you think you have all your ducks in a row, you or your tax preparer may find that additional information is needed in order to complete your tax return.

If that is the case, you’ll wind to aim for getting your taxes filed early, so that you’ll have time to respond to any contingencies that come up before the filing deadline.

You may need more time to consider your payment options.

By filing early, you could conceivably get your refund early if you are eligible for one. But if you owe tax that you may have difficulty paying, it’s also important to know that sooner rather than later. That way you can consider your options for making payment by borrowing money, taking out an installment agreement or some other option.

No Comments

Leave a comment
Comment Information
Every Tax Problem Has A Solution

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact us today!

Frost & Associates, Attorneys at Law
1629 K Street NW, Suite 300
Washington, D.C. 20006

Phone: 202-618-1873
Phone: 202-505-6959
Fax: 888-235-8405
Washington Law Office Map

Columbia Office
10440 Little Patuxent Parkway, Suite 300
Columbia, MD 21044

Phone: 202-618-1873
Phone: 202-505-6959
Fax: 888-235-8405
Columbia Law Office Map

Annapolis Office
888 Bestgate Road
Suite 400
Annapolis, MD 21401

Phone: 202-618-1873
Phone: 202-505-6959
Fax: 888-235-8405
Map & Directions

Fairfax Office
8280 Willow Oaks Corporate Drive
Suite 600
Fairfax, VA 22031

Phone: 202-618-1873
Phone: 240-599-5009
Phone: 202-505-6959
Fax: 888-235-8405
Map & Directions

Rockville Office
199 E. Montgomery Avenue
Suite 100
Rockville, MD 20850

Phone: 202-618-1873
Phone: 703-621-7169
Phone: 202-505-6959
Fax: 888-235-8405
Map & Directions

Find us on...
  • Facebook
  • Twitter
  • Linked In