The IRS extended the filing deadline for 2020 taxes from April 15 to May 17, giving American taxpayers an extra month to prepare their returns.
For the procrastinators, this may be welcome news, but not everyone should take advantage of the extra time. In some cases, filing early is advantageous.
Read more: Tax Tips, Free Tools & How To’s
One factor to keep in mind is stimulus checks. The IRS uses the information it has on hand to determine your eligibility for a stimulus. If your income in…
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