Top Tax Tips For Your Best Ever Tax Return Experience! - PowerPoint PPT Presentation

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Top Tax Tips For Your Best Ever Tax Return Experience!

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Filing your taxes each year need not be a stressful experience if you prepare in advance and take the time to understand a little more about what can get you a credit or a deduction. Even if you’re using the services of a tax professional, it doesn’t hurt to understand as much as you can about the whole process, and the more information you can accurately present to your tax professional well in advance of the due date, so much the better. – PowerPoint PPT presentation

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Title: Top Tax Tips For Your Best Ever Tax Return Experience!


1
Top Tax Tips For Your Best Ever Tax Return
Experience!
2
  • Filing your taxes each year need not be a
    stressful experience if you prepare in advance
    and take the time to understand a little more
    about what can get you a credit or a deduction.
    Even if youre using the services of a tax
    professional, it doesnt hurt to understand as
    much as you can about the whole process, and the
    more information you can accurately present to
    your tax professional well in advance of the due
    date, so much the better.
  • Here are a few top tax tips to ensure you have
    the best tax return experience you can possibly
    have, whether youre going it alone, or getting
    help from a pro

3
  • Top Tax Tip No.1
  • Be as organized as possible and get some
    preparation done a few weeks before anything is
    due. The later you leave things, the more likely
    you are to miss a tax credit or deduction
    opportunity, and the more stressful everything
    will become.
  • If youre using a tax professional, it still pays
    dividends to be thinking about your tax return in
    advance, and making sure that you have all the
    relevant information ready for them as soon as
    they ask for it. Not only will this help your tax
    pro, but the earlier you file in the season, the
    earlier youll get your refund, it really is as
    simple as that.

4
  • Top Tax Tip No.2
  • Try to understand and recognize some of the
    credit and deduction opportunities that might be
    available to you. While nobody is expecting you
    to become an overnight tax expert, the more you
    understand about the whole process, the more
    likely you are to file a successful and fruitful
    return, irrespective of whether youre filing
    independently, or with the help of a tax
    professional.
  • Top Tax Tip No. 3
  • Be aware of key deadlines so that you dont get
    caught out late filing. Penalties apply for late
    filing and are just a silly way of costing money
    that you really neednt have had to lose had you
    been a little more tax savvy.

5
  • Of course, tax professionals will be aware of
    filing deadlines, but if its your first time
    using one, you need to get in touch with them
    well in advance of your tax return due date.
  • Top Tax Tip No.4
  • Begin thinking about next years tax return as
    soon as possible, as this will enable you to
    optimise your situation for the following years
    taxes. Forward thinking and planning are sure to
    pay off, even if it simply means that you dont
    make any mistakes when filing, but more
    importantly, it gives you the time to tailor your
    personal or business circumstances to get the
    best reward at tax time.

6
  • For more detailed information about maximizing
    your tax return, and having a stress free tax
    experience, get in touch with a professional tax
    professional today.
  • At Heyer Associates, we proactively assist our
    individual and small business clients in meeting
    their goals. Our key area of focus is ensuring
    that our clients remain compliant with federal
    and state tax laws by providing them with high
    quality accounting and tax preparation service
    Coral Gables. If you are looking for tax
    preparation service in Miami, Heyer Associates
    would be a right option.
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