Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

8 Unexpected Reasons to Prepare Early for The Tax Season

September 27, 2023 · Taxes
prepare early for the tax season
Photo by Pungu x from Shutterstock

3. Avoid fraud

We’ve been telling you since the beginning of the article that one of the best reasons you must prepare early for the tax season is because of fraud. Even if we live in modern times when people were supposed to become more and more civilized, the reality is not that sweet.

Now, the scary story that will soon turn into a bad dream for you sounds like this: Scammers will attempt to file taxes in your name using your personal information, claim fictitious income and perks, and take a refund. Can you see yourself experiencing this?

These scammers attempt to file taxes before you, resulting in an invalid return. If this were to occur, your actual tax return would be denied as the payment would have already been made and all your money would be… gone.

Pages: 1 2 3 4 5 6 7

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior couple reviews their household budget on a laptop in a bright, modern kitchen. Social Security's 2027 COLA Could Be the Smallest in Years
  • A person showing a digital discount coupon on their phone to a pharmacist at a bright, modern pharmacy counter. TrumpRx Is Here - But Will It Actually Lower Your Drug Costs?
  • A happy couple shopping with a full cart at a warehouse club in 2026. Top 10 Sam's Club Deals You Can't Ignore in 2026
  • A couple shopping for high-end deals at a modern warehouse store. 12 Costco Deals Shoppers Are Jumping on for 2026
  • A high-end desk setup with a Social Security card and a gold pen, representing presidential financial benefits. Is Trump on Social Security? A Look at Presidential Benefits
  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026
  • A woman smiling at her phone in a bright living room with a delivery package on the table. The Best Amazon Prime Perks You Should Be Using in 2026

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

retirees

Moving Abroad? These 9 Countries Don’t Tax Retirees at All!

3. Portugal If you’re thinking about spending your retirement years in Europe, then Portugal is…

Read More →
taxes, income stealth, check

8 Surprising Things You Must Pay Taxes For

Discovering a chest of gold coins in a sunlit attic is a dream, but don’t…

Read More →
Holiday Scam

10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!

Fake Charity Scams The spirit of giving during the holidays makes people more vulnerable to…

Read More →
Tax credits, reduce, veteran, climate return

8 Legal Ways in Which You Can Reduce Your Taxes

A hand inserts a coin into a slot, surrounded by icons for housing, healthcare, and…

Read More →
tax breaks for retirees

Over 65? Check Out These 5 Tax Breaks!

If you want to save some money, you need to know that there are many…

Read More →

Warning: 9 Reasons The IRS Can Audit You Anytime

3. Self-Employment You must know that the IRS tends to examine self-employed individuals carefully. Especially…

Read More →
A graph showing IRS income thresholds for determining the taxability of Social Security benefits for single filers and married couples filing jointly, along with the corresponding tax percentages.

The Tax Implications of Your Social Security Benefits

How Much of Your Benefit Is Taxed? The IRS Thresholds Once you have your provisional…

Read More →
tax breaks for homeowners

7 Tax Breaks for Homeowners and Home Buyers

Owning a home is a key part of the American Dream. Whether you fancy a…

Read More →
A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

2. Medical Expense Deductions As we age, healthcare costs often become one of our largest…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.