As Seen in Philadelphia Business Journal
A: In preparation for the upcoming filing season, our recommendations would include the following:
Whether you are preparing your own tax return or working with a tax professional, it is always in your best interest to be prepared. Keep all of your tax information in one location or file. And when unsure if something applies to your tax return, put it in the file.
Question everything. When meeting with your tax professional, ask questions, especially regarding any issues that you don’t understand. If you’re using tax software, be sure to question the results.
It is imperative that you have time to gather information, ask questions and review the final tax return before filing. Filing hours before the deadline is not advisable!
These simple tasks will help to keep tax time as efficient and pain free as possible.