Sunday, April 13, 2008

Ten 1040 EZs



Tax day is less than 48 hours away, but do not worry if you have no filed your tax return yet. With e-filing and federal tax extensions you are not late. However, if you wait until after April 15 to take any action, then you will likely face penalties and fees. Follow these top 10 ways to make your last minute filing adventures a little more EZ.

1. Gather all your important documents
2. Use last year’s tax return as a guide
3. Practice on paper
4. Do not rush, you will make mistakes
5. Visit a local CPA or tax preparation office
6. Do not just take the EZ route
7. Do not short-change yourself
8. Hold onto your receipts
9. File an extension
10. Prepare for next year