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I always dread tax season, but my credit card's year-end summary helps me stay organized and maximize deductions

Source: https://businessinsider.com/credit-card-year-end-summary-streamline-tax-deductions - Feb 5, 2020

I regret that taxes weren't a required class in high school or college. Given all the complicated laws — and the fact that it's something we all have to deal with in one way or another — it's disappointing that we're not better prepared to take on this task. Even with straightforward programs like TurboTax, filing for taxes can be daunting.

The tax season in my house is stressful, as I'm sure it is for a lot of Americans. However, there is one trick that helps us stay more organized, and that's to use our credit card (a Visa Signature card issued by our bank, USAA) for as many purchases as we can. Here's why it saves us a lot of headaches when tax season rolls around.

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Category: General Business