The Grand Slam of Tax Return Preparation

1. Organize. Organize. Organize.

  • Organization is the most important aspect of tax return preparation, so start now!
  • Figure out what method works best- software, a mobile app, or traditional filing cabinets

2. What is your projected income?

  • Businesses create income projections, so can you!
  • Projections should include anything with an impact on your income- salary and stock options, self-employed taxes, and anticipated deductions

3. Sit down with your CPA or a tax preparer

  • Each year, people discover a lot of questions during tax season
  • Now that your tax professional’s crunch time is over, schedule an appointment to discuss these with them and be better informed now and in the future

4.Review your records

  • Now is the perfect time to check over your records
  • Ensuring that everything was done correctly can help if your taxes are ever audited
  • Be sure to check taxes your employer is withholding- instead of receiving a large refund each year, why not get the money now? We hope these tips help so that you can hit a Grand Slam on your next tax return!

Sources:

https://www.investopedia.com/articles/pf/07/tax_prep.asp

https://www.efile.com/tax-help-guides-tips-for-tax-return-planning-and-tax-return-preparation/

The Grand Slam of Tax Return Preparation

The Grand Slam of Tax Return Preparation

1. Organize. Organize. Organize.

  • Organization is the most important aspect of tax return preparation, so start now!
  • Figure out what method works best- software, a mobile app, or traditional filing cabinets

2. What is your projected income?

  • Businesses create income projections, so can you!
  • Projections should include anything with an impact on your income- salary and stock options, self-employed taxes, and anticipated deductions

3. Sit down with your CPA or a tax preparer

  • Each year, people discover a lot of questions during tax season
  • Now that your tax professional’s crunch time is over, schedule an appointment to discuss these with them and be better informed now and in the future

4.Review your records

  • Now is the perfect time to check over your records
  • Ensuring that everything was done correctly can help if your taxes are ever audited
  • Be sure to check taxes your employer is withholding- instead of receiving a large refund each year, why not get the money now? We hope these tips help so that you can hit a Grand Slam on your next tax return!

Sources:

https://www.investopedia.com/articles/pf/07/tax_prep.asp

https://www.efile.com/tax-help-guides-tips-for-tax-return-planning-and-tax-return-preparation/

The Grand Slam of Tax Return Preparation

Get a personal consultation.

By entering your phone number and clicking the “Get Started” button, you provide your electronic signature and consent for Community Tax LLC or its service providers to contact you with information and offers at the phone number provided using an automated system, pre-recorded messages, and/or text messages. Consent is not required as a condition of purchase. Message and data rates may apply.

Related Reading

The Grand Slam of Tax Return Preparation

1. Organize. Organize. Organize.

  • Organization is the most important aspect of tax return preparation, so start now!
  • Figure out what method works best- software, a mobile app, or traditional filing cabinets

2. What is your projected income?

  • Businesses create income projections, so can you!
  • Projections should include anything with an impact on your income- salary and stock options, self-employed taxes, and anticipated deductions

3. Sit down with your CPA or a tax preparer

  • Each year, people discover a lot of questions during tax season
  • Now that your tax professional’s crunch time is over, schedule an appointment to discuss these with them and be better informed now and in the future

4.Review your records

  • Now is the perfect time to check over your records
  • Ensuring that everything was done correctly can help if your taxes are ever audited
  • Be sure to check taxes your employer is withholding- instead of receiving a large refund each year, why not get the money now? We hope these tips help so that you can hit a Grand Slam on your next tax return!

Sources:

https://www.investopedia.com/articles/pf/07/tax_prep.asp

https://www.efile.com/tax-help-guides-tips-for-tax-return-planning-and-tax-return-preparation/

The Grand Slam of Tax Return Preparation

The Grand Slam of Tax Return Preparation

1. Organize. Organize. Organize.

  • Organization is the most important aspect of tax return preparation, so start now!
  • Figure out what method works best- software, a mobile app, or traditional filing cabinets

2. What is your projected income?

  • Businesses create income projections, so can you!
  • Projections should include anything with an impact on your income- salary and stock options, self-employed taxes, and anticipated deductions

3. Sit down with your CPA or a tax preparer

  • Each year, people discover a lot of questions during tax season
  • Now that your tax professional’s crunch time is over, schedule an appointment to discuss these with them and be better informed now and in the future

4.Review your records

  • Now is the perfect time to check over your records
  • Ensuring that everything was done correctly can help if your taxes are ever audited
  • Be sure to check taxes your employer is withholding- instead of receiving a large refund each year, why not get the money now? We hope these tips help so that you can hit a Grand Slam on your next tax return!

Sources:

https://www.investopedia.com/articles/pf/07/tax_prep.asp

https://www.efile.com/tax-help-guides-tips-for-tax-return-planning-and-tax-return-preparation/

The Grand Slam of Tax Return Preparation

Get a personal consultation.

By entering your phone number and clicking the “Get Started” button, you provide your electronic signature and consent for Community Tax LLC or its service providers to contact you with information and offers at the phone number provided using an automated system, pre-recorded messages, and/or text messages. Consent is not required as a condition of purchase. Message and data rates may apply.