The New Year is off to a great start! Where did February go? It was hard to believe that just a few weeks ago the stores had become inundated with floods of pink and red. I love the idea of Valentine’s day, chocolates, cupid, children exchanging little cards with candies, everything inscribed with hearts and words of love, I absolutely adore it; and when you see the huge teddy bears wrapped in red ribbons, my mind inevitably turns to something else...spring is coming and with it there is also something else that arrives… preparing for tax time.
I know that taxes are not at all a romantic or sweet thought; however, it can be a little easier for you and your family with just a couple tips.
Get it done early
Employers are required to get the required paperwork sent out to you before January 31st, don’t wait till the last minute; beat the rush by getting your relevant documents to your professional of choice and then sit back and relax!
Consult with a Professional
A CPA or a tax attorney will have more insight into the changing rules of tax laws than most people. If in doubt, reach out to one of them, you’ll be happy that you did!
Of course, tax season can be especially intimidating if you’ve recently filed for separation or divorce. In this month’s blog, we address the most frequently asked questions when filing either after or during a family law matter. Please feel free to forward this to someone that you think may benefit from reading this. If you have any questions for our team, feel free to give us a call. Until next time enjoy the changing of the seasons and the days getting a little longer.