Steps to Take Before You Prepare Your Taxes

Author: External Author | | Categories: Financial Services , IRS Tax Help , Tax Preparation Services , Tax Professional

The Internal Revenue Service (IRS) reports that more than 80 million taxpayers use paid professionals to complete and submit their tax returns.1 If you're one of them, it is important to organize your receipts, forms, and other documents well before tax time. Your preparer may take information directly from you or ask you to complete a questionnaire. Either way, you'll need time to gather everything you—and your preparer—will need. Here are the steps to take.

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Original Article Source Credits:   Investopedia ,

Article Written By:   BARBARA WELTMAN

Original Article Posted on:  Jan 19, 2021

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