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Get ahead and prepare your taxes with these tax prep tips!
There are probably a million other things you’d rather be doing than your taxes. Exploring the great outdoors, spending time with friends and family, binging Netflix, you name it; you’d probably choose it over filing your taxes. But, tax day is fast approaching. Bite the bullet and procrastinate no more. Get through tax season quickly and painlessly with these tax prep tips.
Get organized.
The more organized you are, the smoother the process will be. Make sure that you mark your calendars and plan ahead. Tax day is April 15. Be sure to give yourself a few weeks before the deadline to review all your information. That way if you catch any mistakes or forget any forms, you’ll have plenty of time to fix them. Plus, filing early helps to reduce your risk of fraud issues and identity theft.
Keep all your papers in one place.
Disarray can delay your tax prep process and contribute to stress. Avoid running around the house at the last minute looking for your W-2s and 1099s. Keep all your documents and receipts in one place, where you know to find them. That way you’ll be able to work on your taxes without any added stress.
Review any life changes.
If you’ve had any major life changes in the past year, make sure to take note. From weddings to children, your tax deductibles may change as you change. Make sure to look into whether or not any of your life events have either added an extra deductible or taken one away.
As you prepare your taxes, be sure to look over your insurance, too. For help finding the right policies, contact the professionals at Cook, Disharoon & Greathouse, Inc. Located in Oakland, California, we serve all your personal and commercial insurance needs.
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