Top Tips to Prepare for Tax Season
Are you dreading the process of filing your taxes? It can be a stressful time to gather all of your important documents and then try to understand what seems to be a completely different language. To help ease your mind a bit, we’ve compiled some of the top tips to help you prepare for tax season.
Get organized
Purchase a folder or file cabinet that will be specifically for tax information and be sure to label it with the appropriate tax year. Once you’ve got a place to put everything, get all of your tax documents and place them in said storage unit. This should include your: W-2, health insurance forms, bank documents, and receipts for travel or meal expenses.
Choose your method
If you’ve got a CPA or finance guru in the family, you might be able to convince them to help...