1) Plan Ahead
Start now and mark your calendar for the date
that your income tax return must be filed - marking the date that you plan to file.
2) Get Organized
Begin gathering all of your important tax
related documents pertaining to your income tax filing so that you have everything in one
place and ready for your tax filing deadline: W2's -1099's - last year's tax return - and all pertinent documents and receipts. If you are the owner of a business, gather also all business related documents needed to file and copies of your financial statements, along with your previous year's tax return as well.
3) Make an appointment with your Accountant
It is always best to utilize a professional to help you with the filing of your income tax return. While there are many do-it-yourself tax software opportunities out there, it is best to use a tax professional, who has the experience to help you with the best outcome for your personal and business tax return filing. Call your accountant today for an appointment and relax.
4) Prepare Now for the Current Tax Year
Begin also setting up and organizing your home office with a system to keep track of the current year tax related documents and receipts. Put into place a filing system that keeps track of important documents and receipts, including anything that will change in the new year, such as marriage, a new baby in the family, or a new business startup. Consult with your accountant on what may be needed in the upcoming year as well. This will help you stay organized all through the year and will make your life much easier when it comes to filing your income tax return again.
About the Author
Balanced Bookkeeping & Accounting, LLC is comprised of accountants with more than 30 years’ experience in small business bookkeeping/write-up, accounting, payroll, and small business taxes. We assist both existing small business owners with their bookkeeping and accounting services, as well as providing assistance to new business owners in creating their small business entity. We offer knowledgeable and reliable services for our small business clients providing them with accurate and timely bookkeeping and accounting services in Broken Arrow, and Tulsa, Oklahoma - as well as all of Northeastern Oklahoma.
Balanced Bookkeeping & Accounting, LLC
P O Box 134
Broken Arrow, Oklahoma 74013
(918) 286-2494 office