Please find below my Top Tax Tips relating to Preparing for Filing your Tax Returns.
With Year end Tax Planning and the April 15 coming down the line, we want make sure you get the help you need at tax time. Make things easier by not waiting until the last minute. Here are my Top Tax Time Tips:
(1) Gather your records. Make sure you have all the tax records you need to file your taxes. This includes receipts, canceled checks and other records that support income, deductions or tax credits that you claim on your tax return.
(2) Report all your income. You will need to report your income from all of your Forms W-2, Wage and Tax Statements, and Form 1099 income statements when you file your tax return.
(3) Use Direct Deposit. The fastest and safest way to get your refund is to combine e-file with direct deposit.
(4) Weigh your Filing Options. You have several options for filing your tax return. You can prepare it yourself or go to a tax preparer.
(5) Review your return. Mistakes slow down your tax refund. If you file a paper return, be sure to check all Social Security numbers. That’s one of the most common errors.
For more information about tax forms and filing your 2020 income tax return, please call Don Fitch, CPA at (760)567-3110.
DON FITCH, CPA
74478 Highway 111 #3
Palm Desert, CA 92260
Toll Free: (877)CPA-Help or (877)272-4357
P.S. My firm is based upon ongoing referrals. Please feel free to refer my firm to anyone you know that is looking for a new CPA and/or tax preparer. Thank you in advance.