Now is the Time to Start
This is the time when we take time to reflect, on what has
happened in the year. However, it is also the right time to prepare for the
next Tax Season. The more that is done now, the less stressful it will be when
the time arrives. This is especially true for people who have gone through
certain events this year.
A
new job. Congratulations on finding new employment! One thing that you
should do very quickly is make sure that the right amount of tax is being
withheld from your paycheck. Otherwise a very unpleasant surprise will be
presented when filing an Income Tax Return. This can take time, but it is worth
the effort.
Taxpayers
who make estimated tax payments. Those who make payments throughout
the year are involved in a payment plan or are self-employed, in a business
partnership, or an S-Corporation. Now is an especially good time for those in
these situations to check their numbers, and see if they lead to an acceptable
situation. This is where guidance and expertise of a Qualified Tax Professional
would prove to be invaluable.
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