While it is a little early for most people to be thinking about tax season, here at GI Tax we think about taxes all year long. We firmly believe it’s never too early for you to start preparing your taxes to make your life easier around April. Here are a few tips we can give you to help take the confusion and pain out of tax season:

Organize your documents – Even if it’s just one file you keep all the receipts in to sort out later, the practice of keeping all your documents in one place will ensure you’re not tearing your hair out trying to figure out where you put everything.

*Pro-Tip: separating this file further into deductions, donations or any other applicable categories will make you smile once you begin your preparations.

Use the digital age to your advantage - There are many apps out there that can track your mileage and many other types of deductions you need to be keeping track of. Ask your CPA which ones they prefer and would recommend.

Don’t be afraid to talk to a tax professional - You may be the first to admit you have no idea what you’re doing when it comes to taxes, but you may be reluctant to bring your taxes to a professional. As you acquire more assets and make major life decisions, the times of confidently completing your own return dwindles. Talking to a tax professional about what’s going on in your life will prove invaluable when it comes to figuring out what you need to prepare your taxes. We’re rarely busy from April to December, so we’ll be available to chat with you about your concerns as often as necessary.

Preparing your taxes doesn’t have to be hard. All it takes is a little forethought and planning. If you have any questions about how you can best prepare your taxes for next year’s tax season, give us a call at GI Tax today, where there is No Dime Left Behind.