3 Tips You Need to Use to Make Tax Season Easier

Posted on: March 1, 2016 By: Risk Management Blogging Team
3 Tips You Need to Use to Make Tax Season Easier

The best time to plan for taxes is yesterday. The next best time is now.

It’s neither duck season, nor rabbit season. No, the truth is far less funny: it’s tax season.  While you’re still recovering from last year’s headache, this tax season is approaching faster than you’d probably like. Fret not, there’s nothing to worry about when you know exactly what to do! Here are 3 tips to make your tax season a successful one so you can go catch your Saturday morning cartoons guilt-free.

  1. Organization is key. Buy a folder that you delegate all tax-related documents and forms. By having all of your tax forms in one place, there’s no last-minute panic.
  1. Gather your receipts. It doesn’t matter how small or large, your tax deductions due to charitable donations, or business expenses can add up. If you want the largest tax return, be sure to gather all of them.
  1. IRA Contributions. If you’re a procrastinator, then this is an amazing tax filing deadline. You don’t have to make them early, or even a month before. You can literally make the contributions the day-of, and still have it count for this year’s taxes. (Just be sure to make it clear that this contribution is for last year’s taxes, no this year’s.

Be the hunter this tax season, and file your taxes with ease using these 3 helpful hints. Having peace of mind is important when it comes to tax season, and when it comes to your life. When looking for a policy suited for you, contact Risk Management LLC for all of your Brookfield, Wisconsin insurance needs!

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