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Monday, January 22, 2007

It’s So Taxing…


(But it doesn’t have to be!)

Every year I promise myself that I will try to get my taxes done early. This year, I’m going to do it. Not only will I complete my taxes early, but I’m also going to make the entire process fun.

Did I just use the word “fun” about taxes? Hey, why not?

All you need are the right tools. The thing is: we have to pay taxes. (I know that there are groups who insist there are ways around paying taxes but I’m not willing to go there.) But the process does not have to be stressful.

Step One. Start early. Anything that’s last-minute is going to cause stress, so start now, as your tax documents are showing up in the mail (if you don’t get documents from your employers by January 31st, give them a call).

Step Two. Get organized. Set aside an afternoon to find the receipts you’ll need (if you itemize, for example). It’s so much less stressful to do this before you being the process of filling out tax forms. Office Depot is the perfect place for file folders and storage cases.

Step Three. Order TurboTax from Amazon.com. This software is awesome – it’s a snap to install, it helps you make the most of deductions, and gives you the choice between filing electronically (to speed up your return) or the old-fashioned way – by mail. I’ve used TurboTax for a few years now, and I love it.

You’ve got a few months to get it all together, and the earlier the better. When your pals are searching high and low for receipts come springtime, you will already be earning interest on your return!

Until next time,

Conna

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