Being prepared for your tax appointment can really pay off in terms of maximizing deductions and minimizing tax as well as lowering fees charged by your preparer! Additionally, you should be able to walk away from your tax appointment with peace of mind that your returns are complete and accurate and maybe even with some tax savings advice that you can really use.
Bellow is the seven easy steps to prepare for your preparer,
Bellow is the seven easy steps to prepare for your preparer,
- Organize your tax documents, choose your filing status, and read about the new rules for claiming dependents.
- Report all your income.
- Take advantage of various adjustments to income and tax deductions.
- Take advantage of tax credits.
- Check if you owe any special taxes, and make sure all your withholding and other tax payments are properly reported.
- Calculate your tax refund or balance due. If you owe the IRS, there's still time to make some last minute tax strategies.
- Finish up your tax return. Remember to e-file your tax return by midnight, or to mail your paper tax return before the Post Office closes.
Remember, even though the preparer bears some responsibility, you are ultimately responsible for your tax return. So finding a great preparer and being prepared and organized will help ensure that you recognize the greatest tax savings possible and that your tax appointment goes smoothly!
