Early preparation is the
key to a stress free (or at least reduced stress)
Getting ready to prepare your taxes does not
have to be frightening or difficult.
Remember, the earlier you file your taxes the
faster you get your refund. Tax day
2007 is on April
17 this year, so
avoid the rush and file early. To do so, keep
mind these seven steps:
Gather your records in advance. Make
sure you have all the records you need, including
W-2s and 1099s. Be sure to save a copy for
your files. And remember, the IRS gets copies
of these forms, so make sure your numbers
2.) Get the
right IRS forms. Forms are available around
the clock on the IRS Web site. Just click
on this link to find and download the Forms
and Publications you need.
your time. Avoid waiting until the last minute.
Preparing your returns while in a rush can
lead to mistakes, which opens you up for those
dreaded red audit flags. Remember to allow
time for a coffee break when filling out your
tax return to reduce stress and increase efficiency.