"Essential Tips for Navigating the 2024 Tax Filing Season"

Tax season has officially started, with the IRS accepting and processing 2023 tax returns. The deadline to file taxes is April 15, with exceptions for certain states and disaster areas. Taxpayers can apply for an individual tax extension using Form 4868, but filing for an extension does not delay tax payments. To receive a tax refund quickly, file electronically and request direct deposit. Taxpayers can track their refund status using the IRS' tool. The IRS has delayed a controversial tax reporting requirement for online payment apps like Venmo and PayPal until 2024.