The Three "T's" of Tax Time

After the New Year’s resolutions have been made and the grand plans for 2015 have been laid out, it’s time to get down to business.  One of the first line items for many is getting those taxes filed!  Employers will be sending out W-2’s over the next couple of weeks, and if you’re eager to find out what your tax return might be you might be one of those early filers that is able to check your taxes off your list early!  Before you jump right in, make sure you know the three “T’s” of tax time to get you started!

1.  Take Your Time!  Filing your taxes is definitely not something that you want to feel rushed doing.  Gather all the documents that you will need before you sit down and make sure you have the time you need to start and finish all at the same time.  You don’t want to miss something or make a mistake because you got interrupted half way through!

2.  Tally Your Deductions!  Even if you are using a tax professional to help you, do some of your own research and tally the deductions you think you qualify for in advance.  This will help make sure you have the supporting documents for those deductions ready and available.

3.  Take Advantage…of your resources, that is! If you’re approaching filing taxes without the help of a certified tax preparer, take advantage of programs that will help you along the way, like TurboTax!  You can find a discount and link to TurboTax from Honor’s website, and here’s some inside information….follow the link through Honor’s website to get to TurboTax and not only will you receive a discount when you file, but you will also be entered to win cold hard cash!

Did you catch Honor's Scott live on the air with 97.5 Y-Country's Wild Bill?  You can listen to their full conversation from Mason Jar Monday about the Three "T's" of Tax Time here! 

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