News / Article

Last Minute Tax Tips

Source: theweeklychallenger.com - Mar 29, 2016

Even though it’s common knowledge that tax day is April 15 (April 18 for filing 2015 taxes in 2016), many people wait until the last minute to file their income taxes.
According to the Internal Revenue Service, 20-25 percent of Americans wait until the two weeks prior to the deadline to prepare their tax returns. To avoid scrambling as tax season draws to a close, here are some tips to help you prepare and file your taxes – even at the last minute.
Get Organized
One of the biggest tax time hassles for many is getting the necessary documents together. To make preparing your taxes go smoother, make sure you have the information you will need, including all of those forms that come in January, such as W-2s, 1099, mortgage interest statements, student loan statements and any receipts related to moving, medical bills or work expenses before you sit down to file your return.

TO READ ENTIRE ARTICLE, CLICK ON SOURCE LINK ABOVE

Category: IRS

Comments