Bethy Hardeman: February 1, 2017

THE BENEFITS OF FILING YOUR TAXES EARLY

WHY GETTING THE DREADED IRS FILING OUT OF THE WAY

CAN BE BETTER FOR YOUR BOTTOM LINE

 

Bethy Hardeman

Chief Consumer Advocate, Credit Karma

 

 

When it comes to filing our taxes, many Americans are guilty of waiting until the last possible minute. This year, why not make a resolution to avoid the headache and file them early. You don’t want to find out that you have to write a check for hundreds or even thousands of dollars in April. File early and know how much you owe, as you don’t have to pay your taxes until the filing deadline — April 18th, this year.

 

On February 1st, credit expert, Bethy Hardeman will help underscore the value of filing your taxes early and share some ways that viewers can save money this year. She’ll talk more about some of the hidden tax credits that are out there and what we should do with our refund – if we’re lucky enough to get one!

 

Some of Bethy’s tips include:

  • Avoid the last-minute scramble. Getting a head start means you have time to gather documents you may have forgotten you needed, or you can reach out for financial information without needing to file for an extension.
  • Prevent tax fraud.  Tax refund fraud may happen earlier in the season as fraudsters seek to beat you to filing. Filing your legitimate tax return sooner can prevent the fraudsters from trying to take your return.
  • Get Your Refund Sooner. Filing early can help you get your tax refund earlier. The IRS is delaying some returns this year so you’ll want to try and get ahead of the curve.
  • Pay off your debts. According to the IRS, the average refund was over $3,000 last year. You can use your refund to make extra payments towards your car, home, credit card or student loan debt.

 

MORE ABOUT BETHY HARDEMAN:

Bethy Hardeman is the Chief Consumer Advocate at Credit Karma. Credit Karma breaks down the obstacles that keep people financially stuck by providing free credit scores, credit reports, tax preparation and tailored recommendations to shop and save on credit cards, loans and auto insurance. As the Chief Consumer Advocate, she debunks credit myths, provides insights into managing debt and gives tips to consumers seeking to improve their financial health and well-being. Bethy’s tips and analysis have been featured in media, such as Bloomberg, CNBC, Forbes and USA TODAY.

 

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