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Tax Season In Full Swing, Tips on Getting the Biggest Refund

SPRINGFIELD, Mo. – In less than two weeks, the IRS will begin processing your 2013 tax returns. One Certified Public Accountant we spoke with gives us tips on getting the fastest and biggest refund back.
Stay organized and make sure you have everything that you've done in the past along with anything new or any big changes in the year and also make sure you are working with someone you can trust.
SPRINGFIELD, Mo. – In less than two weeks, the IRS will begin processing your 2013 tax returns. One Certified Public Accountant we spoke with gives us tips on getting the fastest and biggest refund back.

"Stay organized and make sure you have everything that you've done in the past along with anything new or any big changes in the year and also make sure you are working with someone you can trust."

KOLR10’s Brett Martin caught up with Brittany Hopp from Clayton, York & Hopp CPAs for tips on the changes for filing taxes this year.

Companies are required to have your tax forms postmarked by January 31 this year. According to the Internal Revenue Service, they hope to issue 90% of returns in less than three weeks this year.

The IRS says the fastest way to get your tax return is by filing electronically and setting up direct deposit.

Brittany Hopp says its hard to tell what the 16-day partial government shutdown will do to refunds this year but she does not expect much of wait time.

"The United States tax code is a big, big thing and it has a lot of moving parts so making sure that you are catching all those credits and deductions."

She says the best way to get the biggest refund is to pay attention and keep records of big changes throughout the year.

"If you've gotten married or had a child during the year or bought a home, things like that can really change your tax situation so you need to make sure you stay on top of those," says Hopp.

According to the Missouri Department of Revenue, there are several benefits for filing electronically.

You can file anytime of the day or week through electronic filing companies. Companies like Turbo Tax, Taxslayer and H&R Block offer free e-filing for those that meet certain tax criterias.

Also, filing online can help increase accuracy, security, faster deposit times and helps keep record of tax forms easier.

Hopp suggests keeping receipts and tax forms for up to 7 years. 
 
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