The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips to get you organized.
Forms W-2, 1099, and 1098 start hitting your inbox or mailbox in late January.
Using a tax organizer or last year’s tax return, sort your tax records to match the items on your tax return. If you’re unsure, you can download our tax prep checklist at
alloysilverstein.com/tax-season.
You should have the necessary logs to support your qualified business miles, moving miles, medical miles, and charitable miles.
If you and someone else share a dependent, confirm you are both on the same page as to who will claim the dependent. This is true if you’re single, divorced, taxpayers with elderly parents/grandparents, and parents with older children.
With proper organization, your tax filing experience can be timely and uneventful.
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