It’s tax time! For a lot of people, that brings headaches. But for the Fort Lauderdale accountants of Sterling Accounting, it’s the most wonderful time of the year.
Today’s the first day the IRS will begin accepting tax returns and the deadline this year is April 17. Here are a few tips to get you through the season, according to Business Insider.
Get your documents together
If you’re paperwork isn’t in place, now’s the time to do that.
“Most tax-related documents must be filed by your employer or other institution by January 31, and the statements must be postmarked by that date as well. That means you should have everything you need by early February. If not, it’s worth following up in case your forms were lost in the mail,” according to Business Insider.
Tax day’s a little later this year
Instead of the traditional April 15 deadline, this year, taxes must be filed by April 17.
Beware of fraudsters
Tax season is primetime for ripoff artists.
“The US Department of Justice says the IRS never discusses personal tax issues through unsolicited emails or texts, or over social media. Be wary if you are contacted by someone claiming to be from the IRS who says you owe money. When the IRS needs to get in touch with a taxpayer, standard practice is to send a letter via the US Postal Service. If you receive an unexpected and suspicious email from the IRS, forward it to firstname.lastname@example.org,” Business Insider writes.
Hire the best tax advisors
Fort Lauderdale accountants Sterling Accounting live for tax season.
Whether you need a simple 1040EZ tax filing or a 1040, we can handle it all for you. We provide innovative solutions for tax issues to minimize your tax liability, we find deductions commonly overlooked, and we stay up-to-date and well informed on all tax laws and legislation.