10 Ways to Avoid Problems at Tax Time
- Ask questions – especially when you do not understand something.
- File as early as possible to avoid potential identity theft.
- Organize your tax records.
- If you are going to experience changes in income and/or filing status, let us know so we can tell you how it will affect your taxes.
- Call if you are expecting a pension or IRA distribution – it may be the most expensive money you will ever spend!!
- Pay your estimates on time.
- Have your refund deposited directly into your bank account.
- Do not panic if you cannot pay your balance due – we can help you set up a payment plan (you can also pay your taxes with a credit card).
- Request an extension of time to file, but still pay your taxes on time.
- Don’t procrastinate – the only sure things in life are death and taxes!!
