Not Too Fast ...

I want to turn things around a little bit this week here. I spend time early in tax season talking about the dangers of procrastination, but some of the same tactics can keep you from filing too early.

Filing too early?

Yes, it could actually occur.  This may largely happen with people who are going about tax season alone, but if your main concern is to just get your return taken care of so you don’t have to think about it anymore, you may end up submitting it before getting all the deductions for which you qualify onto the return.

But if you give yourself a little time, you have the opportunity to make sure everything is in order and get the best possible answer at the end of a return.

I also want to take a moment to highlight the importance of making sure your information is correct on your tax return and with your tax preparer. Have you moved? Did you get married? Did you change your name? Did you have any children?

​So many of these things can seem mundane – heck, some of them could now just be your life and have happened over a year ago – but making sure it’s all correct on your tax return will keep things moving through the pipeline correctly and avoid any issues in getting your return approved. 

Warmly,

Josh Bousquet
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