Tax Season Tips

Tax season doesn’t have to be overwhelming. With a little planning and organization, you can make filing smoother, reduce your risk of errors, and even uncover more opportunities to save. Here are a few simple ways to stay ahead this year.

Start by gathering all your tax documents as they arrive — W-2s, 1099s, investment statements, and receipts for deductible expenses. Keeping everything in one place helps you avoid last-minute scrambling and ensures nothing is missed.

Whether you’re self-employed, own rental property, or have side income, tracking deductible expenses all year long is one of the easiest ways to lower your tax bill. Use a digital log or accounting software to record mileage, supplies, and other costs in real time.

Contributions to traditional IRAs or certain employer-sponsored plans may reduce your taxable income. Even if you contribute before the filing deadline, it can still count for the prior tax year — a simple move that can make a big difference.

Don’t leave money on the table. Many taxpayers miss credits like the Child Tax Credit, Education Credits, or Energy Efficiency Credits. Review your eligibility carefully or consult a professional to ensure you’re taking advantage of every benefit.

Missing deadlines can mean unnecessary penalties and interest. If you need more time, consider filing an extension — but remember, it extends the paperwork deadline, not the payment deadline.