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Money Matters: Let’s Get Ready for Tax Season

Money Matters: Let’s Get Ready for Tax Season

Tax season is less than two months away; let’s learn how we can prepare.

As we move closer to tax season, many of us might be feeling pressure.  For many people, tax season is a time of stress and many of us dread this time of year.  However, there are things that we can do to make filing a little bit easier.  This year, may we suggest that we consider these tips to help us approach this time of year more methodically and without as much anxiety as possible.

Get Organized

One thing that we can do in preparation for tax season is to organize all our documents and financial information we will need when we file.  For instance, we should gather our W-2s, our stock information, any real estate information, our previous tax returns, and any other relevant paperwork.  By keeping our financial documents and records organized and in easy reach, we can reduce our stress levels when it comes time to file.

Save Money

Another way to prepare for tax season is by making an effort to save some money throughout the year.  It’s important that we have the funds available to pay what we owe the government.  Even if we expect to receive a tax return, we should still make an effort to save.  Sometimes we cannot predict how our taxes will turn out.

Schedule an Appointment

For those of us who have trouble working through our taxes, it’s vital that we schedule an appointment with an accountant sooner rather than later.  As April 15th gets closer, may people will be trying to get last minute appointments.  By scheduling our appointments in advance, we can ensure that we get the help that we need.

Join us at  The Maria Sanchez Show as we prepare for tax season.  Don’t forget to check out our latest program, Shadow Politics with Senator Michael D. Brown. Tune in on Sundays at 4:00 p.m. PST/7:00 p.m. EST.

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