To prepare for this tax season you need to:

-Find and get all your paperwork and documents ready.

-Collect and review all your check books, brokerage statements, and bank statements.

-Collect and review your W-2, 1098, and 1099 forms for accuracy and completeness.

-Give your accountant a copy of your last year tax return, and review for items that carry forward.

-Contact the document originators if you find any mistake.

-Contact your Accountant and set up a preliminary appointment.

-Find all your sales tax receipts for the year and add it all up.

-If you move, buy or sell your residence, or a second residence, let your accountant know.

-Do not forget the documentation if any of your children is attending college.

-Get all IRA or 401K distributions received.

-Gain custody of your child and/or provided support to a child, even if not leaving with you.

-Purchase any energy efficient equipment/appliance for your home.

-Purchase or sold an automobile during the year.


If you own a business:

-Close your books or hire an accountant to close your books.

-Complete your mileage log and make sure you had log all your miles by year.

-Add all car expenditures you incurred pertaining to your business.

-Complete your cell phone log entries.

-If you organize a business that is not currently in operations.

-If you cannot file your tax return by the due date, get an extension.

-Pay your quarterly estimated taxes when they are due.

-Be prepare to sit down with your accountant to review all your documents and make sure you take all deductions you are entitled too.

Money spent on an accounting professional is always well expend.

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