Tax season is rapidly approaching and can be a head ache for many. This year when filing taxes, everyone will see changes to individual standard deduction and personal exemption.
TR Tax accountant Tony Martin said preparing and planning it can help ease the filing stress.
“I would recommend is starting in December and organizing and trying to recap your year, what happened during the year,” Martin said. “Start organizing those items prior to receiving your W2s, 1099s or whatever.”
Tax season starts on January 28th. Martin said the best thing you can do when filing taxes is to file early.