5 Simple Things You Can Do to Reduce Your Headaches This Tax Season

5 Simple Things You Can Do to Reduce Your Headaches This Tax Season Brookfield WI

Tax season doesn’t have to be filled with headaches and stress!

Spring brings back warm weather; and with that the melting of snow, the greening of trees, and the joys of being able to enjoy going outside with countless layers! Life rarely gives good without the bad, though. Attached to spring comes another season that many think is the absolute worst: tax season.

Thankfully, we can prepare for this season to reduce the stress that comes along with it. Here are 5 simple things you can do to help you.

  1. No shame in getting help. If you’re afraid of doing your taxes yourself, you aren’t alone! Ask your friends and relatives about how they handle their taxes. Who prepares them? Are they good at preparing their taxes? Ask if they could recommend anyone who could help you out with your taxes.
  2. Have a central location for your documents. This is very important to ensure you do not lose any important documents that could come to haunt you down the stretch. It could be a folder or one of your desk drawers; just be sure to have one location for all of your forms.
  3. Estimate. It’s always best to round up, then to round down if you want to avoid an eye-popping surprise in a few months. By estimating, you will have a good idea on whether or not you’ll be owing taxes.
  4. Start saving! If you estimate that you will have a bill by the end of the season, it’s much better to have too much savings than not enough.
  5. Do it now. Don’t wait until the last second to do everything at once. If you do, you will make a costly mistake. Being able to double-check your work is a must to catch any errors you may have committed. Have a plan—like spending an hour on Sunday night on your taxes—and stick with it!

Not waiting last minute can help you when it comes to not only taxes, but insurance as well.  Contact Risk Management LLC in Brookfield, Wisconsin for all of your personal insurance needs.

  • Risk Management assisted me in determining the best insurance coverage to match my business’ risks. Not only did their professional staff spend ample time meeting with me to understand my business, but they continue to follow up with a phone call on a regular basis. I’d consider each of the members on the Risk Management team a true asset in my corner, as they assist to resolve complex insurance issues including GL, Med-pay, business interruption, unemployment insurance, and most importantly, claims management. Their ongoing research in the insurance industry allows my rates and coverage’s to be best in in class, which helps me to remain competitive in my industry.

    -Steve, S. former owner of Helium Trampoline Park

  • “When we want develop partnerships with vendors, the deciding factor is always based on a single question…Do they pick up their phone? At Risk Management, they pick up their phone. In the indoor trampoline park industry, we have dealt with several insurance agencies that were always more concerned about their commission, not building a business relationship or serving our needs. On more than one occasion, Risk Management has stepped in and helped us with carrier/policies issues that the incumbent agencies had dropped the ball on. There was no financial reward for Risk Management in these situations, they see a problem and help fix it. They just do business the right way. Steve Young and his team at Risk Management represent us, not the carrier. We highly recommend Risk Management.”

    -Mark M. Operations Manager,CEO Fun Palace Place

Address: 21420 W. Greenfield Ave Ste 100
New Berlin, WI 53146
(262) 785-8930
Toll Free: (888) 857-5144
Fax: 1 (800) 424-3955
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