Mar
20
It's Tax Time: Tips for Getting Organized
Ask many Americans about their experience with tax time and they are likely to describe lots of paperwork, confusing rules, and late nights on their computer. But it doesn't have to be that way. Getting organized now -- instead of waiting until the days before April 15 -- may help streamline your tax preparation and help you identify deductions that you might otherwise overlook in the last-minute rush. You'll need the right paperwork to get started (see table below), but you may want to consult a tax advisor to determine whether you need to consider additional factors that are unique to your situation. Tax Preparation Documents Document Why You Need It Form W-2 from your employer The starting point for determining your...
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