With tax time fast approaching, now is the time for many people to panic or scramble to file their taxes on time. As the old saying goes, you can always count on two things in life: death and taxes.
Over the years, our Longmont tax team has learned a few valuable lessons. Here are some of our favorite tax time helpful hints:
1. Don’t Wait Until the Last Minute
Postponing a plan for your tax situation will only add stress and distress down the line. Don’t fret if you’ve stalled or procrastinated on prepping your financial statements, receipts and transactions. At Gebauer and Company, our helpful CPA team can get you on the right track.
2. Shortcuts are Silly
Hiring a friend or long lost relative with some “loose” tax experience might seem like a great idea as well as a way to save money, in truth, qualified tax preparers won’t make mistakes that can cost serious scratch. Hiring CPAs will behoove your financial future and your peace of mind.
3. Self-Employed Take Note
The self-employed often miss insurance write offs, home office deductions and travel expenses. If you’re self-employed, it’s highly beneficial to hire a qualifed CPA to advise on your tax situation.
Our qualified accountants will help you wade through tax time with ease.
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