What to know before filing taxes

There is less than two months until you need to file your taxes. The deadline for individual returns is April 15.

According to the IRS, the average tax revenue is nearly 11% higher than last year. The average refund is about $2,300.

While it can be a bit of a struggle for individual filers, if you own a small business, it’s a different set of information that needs to be figured out.

Valaise Smith, who is an enrolled agent and tax strategist with Tried and True Financial Services, joined Local 4 Live to help us navigate the tax season. You can watch the full interview at the beginning of this article.