With the filing date for taxes on the horizon and W-2’s coming in the mail, many Tarpon Springs residents are starting to think about the upcoming tax season. While many people associate this time with stress, anxiety, and monotony, it doesn’t have to be this way. With the help of a tax accountant and the following tips, you can relax and file everything you need to without stress.
Don’t Procrastinate: Gather Necessary Documents Early
Putting off the inevitable because you don’t want to deal with it will only make it worse when you finally have to tackle the challenge. When you file your taxes, you need a handful of documents. Primarily, you’ll need proof of income, whether that is a W-2 or a 1099. Your employer in Tarpon Springs should mail this out to you early on in the year. Be sure to save a copy of everything for your records. You never know when you’ll need to refer to them in the future. If you don’t have them memorized, you’ll need the Social Security numbers for you, your spouse, and any dependents.
Get Organized
Get a calendar — whether a physical one you hang on your wall or a digital one you keep in your phone — and add deadlines. In 2018, the IRS begins accepting returns on January 29th with a deadline of April 17th. This year, taxpayers have an additional two days beyond the usual April 15th deadline to file, so take advantage of this extra time to double check your numbers.
Grab a folder or an accordion binder and stash all your tax-related documents and paperwork (and copies) for each year. This makes it easy to refer to last year’s return whenever you need it. Organization also makes it easy to provide the IRS with information if they audit you or otherwise request information. Being organized also allows your tax accountant to work faster and submit your return sooner.
Work with a Tax Accountant
The best way to make sure your tax filing season is free of stress is to rely on the assistance of a professional. A tax accountant in Tarpon Springs can work with you to prepare your return and help you find deductions you didn’t know you qualified for. Working with a professional is the best way to make sure all your i’s are dotted and your t’s are crossed and you get the largest return possible.
Choose BizBooks4U for a Professional Tax Accountant You Can Trust
At BizBooks4U, we emphasize making sure our clients are aware of their financial situation. We help Tarpon Springs residents get involved in their finances and help them understand how they can improve. Our business is a zero-judgment zone, and we will never shame or judge people for their finances. Above all else, we want to help. To schedule an appointment with a tax accountant, call us at 727-939-1044 or contact us online.
