Tips To Prepare Your Taxes

Get organized to file your taxes!

Filing your taxes can be emotionally taxing. It’s stressful trying to wrangle all your financial information from the past year. Beat the stress and follow these tax prep tips to help you get organized before April 15.

Stick to a timeline.

Federal taxes are due April 15th. Make sure to mark your calendar and allow for plenty of time to prepare. The earlier you start the better so that you can fix any mistakes in time, in the event that they arise. Also be sure to check on any local or state taxes. There’s a possibility that they may have different tax deadlines.

Make a checklist.

There’s no sense in running around looking for that receipt from 5 months ago. The best way to prepare is to know what you need. Make a checklist so that you know exactly what you’re looking for. It will help you stay organized.

Review your work.

Your math teachers weren’t kidding when they told you to check your work. Make it a rule to look over your work prior to submitting your tax return. It’s always a good idea to double, or even triple check to make sure you didn’t make any mistakes.

Invest in professional help.

If you’ve tried and tried again and still haven’t gotten the hang of filing your taxes, that’s okay. They’re not easy. Consider hiring a tax professional or accountant to help you file your taxes. They’re well worth the investment.

Get ahead of the game.

Tax day isn’t changing anytime soon. It’s a new year and a new opportunity to start preparing for April 15, 2017. As you prepare for this tax day, try to start preparing for the following year. It will help you stay organized so that you can sail through next tax season.

As you review your tax information, look over your insurance policies. If you need assistance with any of your policies, contact the professionals at Duane Weber Insurance, Inc. Located in Kent, Washington, we serve all your insurance needs in the community.