Tuesday, January 20, 2015

3 Tips to Prepare for Tax Season

Tax season is right around the corner. Can you believe it is that time of year again? This year make tax season easier by taking time to get organized which can lead to more money in your pocket in the long run.

Here are 3 strategies to make this time easier are:

  1. Gather all your documents and get them ready
  2. Collect your final paycheck stubs from each job you had during the past year and match them with your W-2s. If you are married, make sure your spouse also receives all of their paperwork.
  3. Verify that you have the social security numbers and birthdates of all the individuals on your tax return.

When you have all your tax information gathered and ready to go, take some time to create a solid financial plan.

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