The ABCs of Early Tax Preparation

The ABCs of tax preparation

Even though tax season has come and gone, April 15th is always looming in the future. There are steps you can take to relieve the stress of this upcoming tax day by following the ABC’s of tax preparation.

A. ASK QUESTIONS! Seek out a CPA, and prepare questions to be answered. Seeking out the help of a professional CPA can help you avoid errors in your tax returns. Don’t be afraid to ask as many questions as you’d like, and always try to seek out a CPA that is qualified. Michael J. Yuda CPA, LLC previously worked for the IRS and has substantial and expert experience in handling tax examinations.

B. BRING ALL DOCUMENTS: Be sure to keep all important tax documents and files together when seeking out tax help. Bring every item you suspect might be necessary for the most accurate completion of your tax return. Important documents include:

  • Previous tax returns
  • All tax forms
  • Records of income and expenses

C. COMPLETE YOUR TAX RETURN EARLY! Filing early means your refund will come sooner! Even if you might owe money, filing early is never a bad idea and payment can be delayed until April 15th.

Even better, when you decide to get your taxes out of the way earlier, your tax professional may be able to devote more time to your return, because you’ll be avoiding the annual procrastinators scrambling to get everything done in time! When you’re ready to get the ball rolling on your taxes, choose the best CPA in Hawaii, choose Michael J. Yuda CPA, LLC!