7 reasons why if you live in the US you should file taxes

Most American citizens and permanent residents working in the United States are required to file a tax return. This is not only a legal requirement in this country but also comes with certain conveniences and benefits as a taxpayer.

Mariale Rivero como preparadora de impuestos reitera que una declaración de impuestos puede ser usada a favor, incluso para planes familiares, adquisición de vivienda, reparación de crédito, y más. La experiencia la ha llevado a defender y promover los valores y principios del IRS, resaltando siempre los beneficios que recibimos los contribuyentes que enumeramos a continuación:

The money is returned to you. Por ejemplo, si un empleador retuvo impuestos de su cheque de pago, es posible que se le adeude un reembolso cuando presente sus impuestos.

Avoid interest and penalties. By filing an accurate tax return on time and paying any taxes you owe correctly by the due date. Even if you cannot pay, you must file on time or request an extension to avoid owing more money.

To protect your credit. You can avoid being imposed a gravamen when you file an accurate tax return on time and pay any taxes you owe correctly by the due date. Liens can affect your credit score and may make it more difficult for you to receive a loan.

When requesting financial assistance. An accurate tax return can make it easier to apply for assistance with education expenses in this country.

Increase Social Security benefits. Claiming self-employment income on your tax return ensures that it is included in your benefit calculation.

Get an accurate picture of your income.When you apply for a loan, lenders will look at your tax return to calculate the interest rate and to decide if you can pay back the money. If you file accurate tax returns, you may be able to get a loan with a lower interest rate and better repayment terms.

Do the right thingWhen you file an accurate tax return and pay your taxes on time, you'll know you're doing the right thing to comply with the law.

Although the IRS page is complete and up-to-date, it can often confuse so much information. To do this, contact your trusted Tax Return Advisor to resolve any questions related to taxes.