The tax season deadline is rapidly approaching, and that means it’s time to prepare and file your taxes as soon as possible. Taxes can be stressful, but if you make sure to prepare everything ahead of time and don’t procrastinate actually filing, you should be just fine.
Of course, sometimes you need professional tax filing help to make sure you’re filing correctly and remembering all of your deductions. US Tax Shield may be able to help you with your taxes, but before we talk about that, let’s look at a few things you can do to make sure tax season goes smoothly this year.
Prepare Tax Documents
Before attempting to file your taxes, make sure you have all of the documentation you need to file correctly. First of all, there are certain income forms you will need. Most people receive a W-2 form from their employer for their taxes, however, if you are self-employed you might use a 1099 or 1098-T form. If you aren’t sure which forms you need to file, get professional tax filing help so you can be sure you’re using the correct form.
You’ll also need records or documentation for your deductions. You can get deductions for things like homeownership, charitable donations, and other expenses. But you’ll need the right documentation to make sure you can get the deductions you qualify for. Again, if you aren’t sure which deductions you can qualify for, tax professionals will be able to help you figure it out.
Aside from these forms, you’ll also need to know personal information like social security numbers for you, your spouse, and your dependents. You’ll also need routing and account numbers.
This year, you will also need a bit of extra information. Because most people in the United States received stimulus checks as a result of the pandemic, the stimulus money will factor into taxes this year. So make sure you have information about your stimulus payment amount as well.
Make Sure to File Taxes On Time
Frustrating as it is, problems do come up when you’re filing your taxes. This is one reason you really don’t want to wait until the last minute to file your taxes. If you do run into a problem while filing taxes and you’ve waited until the last moment to file, you might end up filing late while you try to get professional tax filing help. If you file late, you could be delinquent on your taxes, and that can be a serious problem.
Not filing your taxes on time might make it look like you are intentionally not filing your taxes at all, and that’s when you run into major problems with the IRS. The IRS may see your late payment as tax evasion, which comes with a hefty fine and possible prison time. It is a crime to not pay your taxes. Paying before the deadline will protect you from accidentally committing tax evasion.
Now, if you don’t have the money to pay your taxes, there are things you can do to legally delay or alter your tax requirements, but you will probably need professional tax help. We have a full article about how to deal with taxes when you don’t have the money to pay them, so if you need more information about that, read it here.
Need Help Filing Your Taxes? File With US Tax Shield to Get Up to $100 Off
Some people don’t need much help in filing their taxes, but that’s usually because their documentation and preparation are pretty simple. For a lot of people, taxes are a little more complicated to figure out, so getting professional tax filing help makes a big difference for them. Especially this year where COVID affected our financial year and modified some tax laws.
That’s where US Tax Shield comes in. Our team of professionals includes tax preparers and CPAs who can help you prepare and file your taxes correctly. We can give you peace of mind during the 2021 tax season. And during this year’s tax season, US Tax Shield is offering up to $100 off the cost of your tax help. Indeed, we believe in helping you more than ever!
If your tax problems are more complicated or if you’ve made mistakes filing before, we have several tax attorneys who have helped lots of people with tax cases such as yours. They know how to help clear up your concerns and legal issues with the IRS and may even be able to save you some money in the process.
Contact US Tax Shield at (877) 829-3535 to find out more information, and be sure to ask about our free tax consultations. We’re here to be your advocates, so contact us today to get started with your taxes.
