Hey ,
Just a friendly heads-up: tax season is officially a few days away! Don’t wait until the last minute to scramble through receipts and forms. Get ahead of the game with this quick checklist to ensure a smooth and painless filing process:
Gather your essentials:
- W-2s and 1099s: Collect all income statements from employers, banks, and investment platforms.
- Receipts and deductions: Organize receipts for medical expenses, charitable donations, and business expenses.
- Previous year’s return: Reference your 2023 tax return to avoid missing any important information.
Review key deadlines:
- April 15th, 2024: Filing deadline for most individual tax returns (unless
extended).
- State deadlines: Check your state’s specific filing deadlines.
- Early filing options: If you’re expecting a refund, consider filing early to receive it sooner.
Double-check your filing status and dependents:
- Are you single, married, filing jointly, or head of household?
- Update your dependent information if necessary.
Explore potential deductions and
credits:
- Did you make any eligible contributions to retirement accounts or charities?
- Did you incur any home office expenses or education costs?
- Research applicable deductions and credits to maximize your refund.
Consider seeking professional help:
Bonus tip: Utilize online filing tools to streamline the process and minimize errors.
Remember, tax season doesn’t have to be stressful at all.
Feel free to reach out if you have any questions or need further resources. We’re here to help!
Best regards,
Folasade, The Accountability Accountant
[email protected]
(202) 618-1295
P.S. Still need more information? Read more: Preparing for Tax Season: A Step-by-Step
Guide
