| As we turn into the new year, hope
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| | and you can cut down on the pain later.
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| springs eternal. In other news, it is
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| | Forms - As you know by now, filing your
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| almost tax season. Here are a few hints
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| | taxes is all about forms. You will need
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| to help you get ready and keep the pain
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| | one variation of the 1040 pursuant to
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| of preparing taxes to a minimum.
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| | your tax situation. You are probably
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| Advice On Getting Ready to File Your
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| | going to also need various schedules and
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| Taxes
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| | odd forms. While you can print most of
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| Well, the holidays are over and the final
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| | them off the IRS site, a few must be
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| college football bowl game has been
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| | tracked down in physical form because the
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| played. It is time to get serious about
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| | IRS requires they be "scannable" by the
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| your goals for 2007. While dealing with
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| | IRS computers, the precursors to the
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| your taxes is probably not one of those
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| | SkyNet death computers in the Terminator
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| goals, you need to start thinking about
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| | movies. Nothing is worse than driving
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| them. If you begin taking action now, you
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| | around a day before taxes are due trying
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| can limit the sting when the deadlines
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| | to find the right forms.
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| start approaching. Here are few tips to
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| | Mulla - After spending more than you
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| consider.
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| | probably should have during the holidays,
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| 1099s - If you paid independent
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| | it is time to start thinking about money
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| contractors for services in excess of
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| | again. If you are going to owe the IRS,
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| $600, the deadline for filing 1099s is
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| | start figuring out how you are going to
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| fast approaching. It is January 31. Yep,
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| | come up with the cash. The IRS now takes
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| you have to have the form in the mail to
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| | credit cards, but you probably wiped
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| them by that time, which means you need
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| | those out during the holidays!
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| to figure out how much you paid to whom
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| | Dealing with your taxes is probably not
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| and get some forms as well.
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| | high on your list of things to do. Much
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| Records - Half the battle with tax
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| | like finding car insurance, it is just
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| preparation is tracking down your
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| | one of those things you have to do.
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| receipts and records. Highly organized
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| | Spread the task out over time and it
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| people will have kept them organized
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| | should be less painful than dealing with
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| throughout the year. Then there are the
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| | it at the last moment.
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| rest of us. Start getting organized now
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