Filing Your Taxes Early? IRS Will Start Processing Returns on January 31

Wealth Management Financial Advisors. Long Beach CA.

Tax season for individual taxpayers opens on January 31, 2014. That doesn’t mean you can’t submit your information early to WMFA or your certified IRS tax preparer, we are– accepting information early and hold tax returns until the IRS systems open for processing. However, early submission assumes you have your complete tax information. That includes your forms W-2, 1099, 1098 and the like which your employer, bank and financial institution is under no obligation to send early (though they may).

WMFA Loan Modification clients, it is critical the WMFA prepare or review your taxes.

Why You Need To Provide Tax Returns

Many people ask why a bank needs copies of tax returns when they already have your paystubs which basically contains this information. One reason is that this provides additional verification of your income and details your financial status over a yearly period. It also shows a bank any other potential income a borrower may have.

Featured Posts


Follow Me
  • Grey Facebook Icon
  • Grey Twitter Icon
  • Grey Instagram Icon
  • Grey Pinterest Icon

3701 Long Beach Blvd. Suite 100, Long Beach CA 90807

Tel: (877) 828-8877

  • Facebook - White Circle
  • Twitter - White Circle
  • White Yelp Icon
  • LinkedIn - White Circle
  • YouTube - White Circle

© 2020 Wealth Management Financial Advisors and Wealth Management Realty. All rights reserved. DRE License #01947554, DRE License #01916123

This website is owned by a private company that offers business advice, information, and other services related to the formation, financing, operation, and management of businesses. All users should perform their own due diligence and research. This website is not a lender and does not broker loans, make loans, or make any credit decisions. We have no affiliation with any government agency. Nothing on this website is an offer or a solicitation for a loan. This website is not an agent, representative, or broker of any lender and does not endorse or charge you for any service or product. None of the information on this site constitutes legal advice.

You also understand that we are not affiliated with the Small Business Administration (SBA). If you need to visit the SBA directly please click here: