How To Make Life Easier For Your Tax Preparer

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How To Make Life Easier For Your Tax Preparer
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• Your chosen tax preparer is of course being paid
  to help you with your taxes, but its in the
  interests of both parties to try and make the
  process as simple as possible. You are doubtless
  paying your preparer by the hour, so the easier
  their job is, the less time itll take them, and
  if your tax preparer is getting bogged down
  trawling through your receipts or income
  documents, they may simply make themselves
  unavailable to you when the next season comes
  around.
• Here are a few ways that you can make life easier
  for your tax preparer, and become their perfect
  client at the same time

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• Save your receipts and track your expenses
  efficiently
• Tossing your receipts into a drawer and
  forgetting about them until days before youre
  due to file them, is the quickest way to make
  life harder for both you and your tax preparer.
  Instead, try to take each receipt and make copies
  of them (you can of course copy a few together at
  a time), writing down what each purchase was for.
  Highlighting business purchases can help you to
  distinguish them from personal receipts. File
  them in a binder with tabs and organize them in
  monthly order. Then, to help your tax preparer
  further, tot up the expenses you plan to deduct
  and make the total available to them.

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• Be organized with your income documents
• Your income documents may include W2, 1099 and
  K-1 forms, and its important to keep them all
  safe as soon as you receive them. File them away
  and leave them close to your other tax related
  documents so that theyre easy to get to when
  your tax preparer needs them.
• Store all documents in ring binders
• Ring binders are the simplest and most effective
  way of storing documents necessary for your tax
  returns provided theyre labelled accurately at
  the time of filing to avoid confusion later. You
  can also store your monthly bank statements in
  the same way.

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• Deal with paperwork straight away
• Never let paperwork, receipts or other
  business-related documents build up in a random
  pile always deal with them either immediately,
  or within 24 hours of receiving them. If you
  dont do this in a strict fashion, youll send
  find yourself confused, and if youre confused,
  imagine how your tax preparer will feel.
• Never underestimate the power of organization
• Being organized with your business paperwork is
  the best way to help both you and your tax
  preparer deal with filing in a relatively
  stress-free manner. While you may have the odd
  lapse or lazy day, try to review your documents
  and receipts at least once a week to ensure that
  you dont get behind with them.

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• Tax preparers are there to help you with your
  taxes, but remember that they are not paid to
  trawl through your receipts or try and locate
  documents, and anything outside of their remit
  will frustrate them and end up costing you more
  money as they are forced to spend longer
  preparing your taxes.
• 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 service Coral Gables.
  If you are looking for individual tax preparation
  in Miami, Heyer Associates would be a right
  option.