Check out this video from CBS Money Watch on what you can do now to prepare for tax season.
1. Pay attention & open your mail
2. Gather credit card summaries/review checking account for potential deduction (charitable, job search costs, miscellaneous)
3. Expect revisions from investment or brokerage accounts
4. Review your 2009 return as guide to what’s missing
5. Determine whether you will hire a CPA or do it yourself