How to prepare for tax season

How to prepare for tax season | www.raneysrevelations.com

Well, it’s that time of year, again. 🙁

Tax Season

Yes, that dreaded task that must be done every year.

I can remember watching my mom sitting at our kitchen table with bunches of tax forms, the tax instruction booklet, a calculator, pencils and pens.

As I grew older, I began to take an interest in this yearly ritual. She was meticulous about filing our family’s taxes and I learned the importance of doing it right.

Then I got my first job.

I can still remember the fear and pride that I felt doing my first tax return. It was by no means the monster that my mom had to prepare, but it was a responsibility that I took seriously.

After a few years, I began to look at my tax return as a challenge. A necessary evil, sure, but a challenge at the same time.

And then TurboTax showed up.

How to prepare for tax season | www.raneysrevelations.com

“Oh tax software, you’re my hero!”

Yes, I purchased the tax software the first year it was available. The excitement of learning something new, the thrill of trying a new software, coupled with the idea of reducing the size of the tax return monster? You had me at “try this”.

I have used a tax software every year since.

Taxes... I can rise to the challenge | www.raneysrevelations.com

Because of the complex nature of the tax return and the thousands of tax laws that are in effect (and changing) every year, I highly recommend doing your tax return with a tax software. My personal favorite right now is the H&R Block software. I was a loyal TurboTax customer for many years until they began to take advantage of that loyalty by messing with the pricing in very sneaky ways. Ahhh, but that is a story for a different day.

The point is, until convoluted tax returns are no longer a necessary evil, make sure that you take the job of filing taxes seriously. Get your paperwork and information together before you start. Use a good tax software.

Now, I can’t take away the pain of doing the taxes, but I can give you a little freebie to help you along:

Here is a FREE Tax Preparation Document Checklist printable to help you get your ducks in a row this tax season.

What about you?

Do you have any tips for making the tax season a little more bearable?

How do you prepare your taxes?

  

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