The most dreaded time of the year approaches for almost all American business owners. Images of endless hours spent compiling mountains of data are darkening the horizon. What can you do? Tax time is an inevitable as… well, you know the saying.
Here are a few of are favorite tips, all in one place, that will help you breeze through tax time. Now if we could only find a way to deal with that other inevitable thing…
1. 11 Hacks to Make Tax Season A Breeze | Mental Floss
Source: 11 Hacks to Make Tax Season A Breeze | Mental Floss
They say nothing is certain, except death and taxes. One other thing we know: Figuring out all your deductions, allowances, credits, and more can be stressful! Make April 15 a little less taxing with these 11 helpful tips…
2. Make Tax Prep Easier With a Three Folder System
Avoid the Tax Season Rush With These Early Prep Steps
In the next several weeks, our 1099s, W2s, and other tax-related documents will be making their way to our mailboxes. This means a big mess of paperwork come April. Make it easy on yourself by organizing everything in a three folder system.
This suggestion comes via The Motley Fool, and it’s a relatively simple task.
http://twocents.lifehacker.com/make-tax-prep-easier-with-a-three-folder-system-1749550099
Want to Make Your Taxes Even Less Taxing?
Get the Ultimate Shortcut to Simplifying Your Taxes
3. Tax Hacks 2016: How to Get the Right Tax Help at the Right Price
Source: Tax Hacks 2016: How to Get the Right Tax Help at the Right Price
“To help you avoid being taken for a ride by an inexperienced or incompetent tax preparer, you need to do a little legwork. The good news is that you may be able to get better service for free, or even do it yourself. Here’s how… “
4. Get It Done: Prepare to Prepare
Source: Tax Preparation Tips | Tax Documents
When it comes to taxes, preparation is key — whether you hire an in-the-flesh tax pro, use software, or fill out your tax return longhand. Gather the following common reference materials and official documents to help your date with Uncle Sam go more smoothly.
