Filing taxes isn’t something they teach you about in school, that’s for sure!
Well, at least they didn’t at my school. I was lucky enough to have grown up with an accountant for a mother, so by the time I received my first W-2, I was VERY familiar with many aspects of filing tax returns.
But, for many people, that April 15th deadline sneaks up on them! This could be for many reasons, including lack of knowledge, lack of time, or even that you’re still waiting on paperwork that you need to file to be mailed to you.
Whatever your reasons for waiting to file, here are some tips to help you get ready and get that return filed in the nick of time!
Use Technology –
There are so many different software options that can make filing your taxes easier. From tracking your income and expenses during the year to pulling year-end statements needed to file, don’t be afraid to take advantage of all of the amazing technology out there! If you can follow on-screen prompts, you can prepare your own taxes!
File On Time –
There’s no need to file on February 1st, but if you want to avoid major penalties and fees, file on time! Filing on time with also put you ahead of many other filers. Don’t let yourself get stuck with a huge tax and interest bill – file on or before April 15th!
Organize –
Staying organized throughout the year is the one thing that makes filing your taxes the easiest. There are so many ways to organize all of your tax paperwork, but since everyone works differently, take the time to come up with a solution that works for you. It may be unconventional, but come tax time your system will redeem itself. Remember, not having all of your paperwork organized come tax time will cost you!
Believe in Yourself –
Taxes can be complicated, yes, but there are so many amazing programs out there designed to help those who are not tax-savvy do their own taxes. These programs understand and anticipate your needs, changes in your life, and what questions need to be asked. Don’t be afraid to go it alone!
Save Money –
Hiring a tax preparer can be expensive, especially as the end of tax season nears. Since you believe in yourself, save money and time with TaxAct, a tax preparation one-stop shop! In fact, with TaxAct, most Americans can file their Federal Return completely free! This includes both simple and complex forms, as well as Itemized Deductions, Interest & Dividends, Sole Proprietorships, LLCs, and even Landlords taxes!
With TaxAct, you have the power to prepare your own Tax Returns – and all Federal e-fileable forms are free!
Hurry, you only have 9 days left to file – get it done with TaxAct!
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