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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