Many individuals eagerly anticipate filing their taxes early to expedite their refund process – a financial boost that can be utilized for various purposes, such as settling holiday bills, planning a winter getaway, or fortifying savings. At The Franco Suarez Agency, we understand the importance of a swift and hassle-free tax return, especially when it comes to securing your financial future, health, life, and retirement plans.

To ensure a prompt receipt of your tax refund, it's essential to steer clear of common filing errors that might hinder the acceptance of your return by the IRS. Here are some friendly reminders:

Changes in marital status, like a divorce, can lead to inadvertent errors in selecting the filing status. To avoid delays, it's crucial for both partners to reach a consensus on how they are filing.

If you are claiming your children as dependents or seeking a Child Tax Credit, include their Social Security numbers accurately. Mistakes or omissions can lead to delays in processing your return and receiving your refund.

If you are eligible for the EITC, ensure that you qualify by using the Earned Income Tax Credit Assistant online tool. Consulting with a tax professional before filing can further ensure that you've maximized your tax savings and meet all eligibility criteria. You can find out if you qualify for this credit by using the Earned Income Tax Credit Assistant, an online tool that asks a series of questions that can determine your eligibility.

At The Franco Suarez Agency, we believe in equipping you with the right information and resources to make informed decisions about your health, life, and retirement plans. We encourage you to seek assistance from our dedicated team of professionals to navigate through the complexities of tax planning, ensuring a worry-free retirement. Smart Strategies from The Franco Suarez Agency is your go-to source for tips, tools, and financial solutions, empowering you to live your best life.