2023 Tax Filing Deadlines

Feb 21, 2023

From Dust to Transfer

As we enter a new year, it’s important to keep track of important tax deadlines to ensure compliance and avoid penalties. Please remember that you need to provide all of the information required to prepare your tax return and FBAR 45 days in advance of any filing deadline.

Here are the key U.S. tax deadlines for 2022 for personal, partnership, and corporate tax returns:

Personal Tax Deadlines:

April 18, 2023 - This is the deadline for individual tax returns for the 2022 tax year. If you need more time to file, you can request an extension until October 16, 2023, but be aware that any taxes owed are still due by April 18, 2023.

June 15, 2023 - If you need more time to file, you can request an extension until October 15, 2023.

Partnership Tax Deadlines:

March 15, 2023 - This is the deadline for partnerships to file their tax returns for the 2022 tax year. If you need more time to file, you can request an extension until September 15, 2023.

Corporate Tax Deadlines:

March 15, 2023 - This is the deadline for S corporations to file their tax returns for the 2022 tax year. If you need more time to file, you can request an extension until September 15, 2023.

April 18, 2023 - This is the deadline for C corporations to file their tax returns for the 2022 tax year. If you need more time to file, you can request an extension until October 16, 2023.

Additionally, it’s important to note that quarterly estimated tax payments for tax year 2023 are due on the dates listed below.  Note that the tax filing deadlines do NOT extend the deadlines for paying taxes.  To minimize penalties and interest, make conservative estimated tax payments prior to the non-extended filing deadlines.

  • April 18, 2023
  • June 15, 2023
  • September 15, 2023
  • January 16, 2024

It’s essential to stay on top of tax deadlines to avoid penalties and interest charges. Make sure you have all your documentation in order, and if you need additional time, be sure to request an extension in advance. As always, it’s recommended to consult with a tax professional to ensure compliance and optimize your tax strategy.

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Many taxpayers receive identity verification notices from the IRS, and in most cases, the process is straightforward and can be resolved without much difficulty.

You have the following options to verify your identity:

Option 1: Verify through the IRS using your ID.Me account

 


Option 2: Use the IRS Document Upload Tool

    • Please note when they ask for the access code answer "no" and put in the notice/letter type 5447C

    • Alternatively, we can upload the documents on your behalf. (Please note additional fees apply.)

For both options 1 and 2:

    1. Allow at least 30 days to process.
    2. You can then check your status on IRS Where's My Refund or request that we pull your transcript.


    Option 3: Call the IRS

      1. Phone number: 1-267-941-1083

      1. When calling the IRS please note that there could be long wait times. We recommend the best time to call is as close to 1PM Israel time as possible, when the lines first open.

    When speaking with the IRS agent:

      • Let them know you are calling in response to a Letter 5447C letter for tax year 202x.

      • Provide the control number as it appears on the first page of the letter.

      • Be prepared to answer any question they ask from the first 2 pages on both tax returns, including:

          • complete address

          • filing status (Head of Household /Married Filing Separately / Married Filing Joint/ Single)

          • refund amount.

      • If you are unsure of an answer you may ask the agent where it can be found on the return.

      • Know the dates of birth for you and the children on the return

      • Know your mother's maiden name

      • If they ask about W-2 income, tell them since you live outside of the US your income isn’t reported on a W-2, but rather the equivalent form 106 instead.

    They hopefully will not ask any more financial questions.

    If your identity is successfully verified during the call, the IRS will typically inform you immediately. Your refund should then be released within approximately 6-9 weeks.


    Documents Required in All Cases

    Regardless of the verification method you choose, you will need:

      • a copy of the 5447C letter you received

      • the first 2 actual 1040 pages of your 202x and 202x tax returns

    Additional Documents for ID.me or Document Upload Verification

    If you are verifying online through ID.me or using the IRS Document Upload Tool, you will also need:

    Two clear copies of acceptable identification, as listed in the IRS letter (for example passport and license).