No matter, I have got a top five tips for filing your taxes, and this was submitted blizzard242 and he is got a blog fotobloger.wordpress.com although he spelled photo foto. He said hey, I just got my W-2 and filed my taxes; I thought I pass along some tips for filing your 2008 tax returns.
Number five: file early, as early as possible. Beat the rush and file your taxes as soon as you get your W-2 because you know what there is no sense in waiting till the last minute and you are just postponing the inevitable, right, hopefully you do file your taxes. Now I am not going to get in to the whole legalities of whether or not the income tax is constitutionally -- well, I will leave that to all those of your who support Ron Paul and understand everything there is to know about the Federal reserve and how it's no more federal than, Federal Express.
Number four: make sure you have all your documentation in order; W-2, donation receipts, interest payments, educational costs, and whatever you might need, if you can keep it organized throughout the year rather than just waiting until the last minute and then scrambling, in fact Pansy (ph) asked if I had any receipts. We've started a weekly habit or made a weekly habit out of compiling everything, bringing it all together so that we are not rushing around at the end of the month or the end of the year looking for documentation. Keep it all organized as best you can.
Number three: ask yourself, if you are going to file your own return, software or the classic 1040 form or if you are going to go one of the tax preps center and lastly a better option if you have a complex return is to ask someone like my father a Certified Public Accountant, a CPA. Now I don't think my dad going to help everybody out there and I do not even know if he can help you. I have asked him maybe if he could give some tax advice to the general Internet and he just hasn't done it yet. I don't know, I am encouraging him. I want him to share tax help tips from a CPA's perspective. He is good at what he does, no doubt about it; no doubt at all.
Number two: make sure you fill in all of the blanks, leaving some vital information missing on your return can delay your refund or worse and maybe you have got a family and you are filling it out and everything. Just have someone double check it. Even if they are not steeped inversed in the whole tax situation, at least they could review things and ask questions like oh, do we need to do something here, do we need to do something there. So just having someone double check your work you know, possibly save you from well an extended period of time waiting for your refund, if you are getting a refund.
Lastly and most important don't forget to sign the refund. You would be surprised at how often this happens. You get everything done. You send it along and they send something back saying, we need your John Hancock, unless of course your name is not John Hancock, in which case they need insert your name here. So the bottom line is just stay on top of it. Don't wait till the last minute and be honest. It is the best policy. Honesty is always the best policy.
Now blizzard242 has thrown in a bonus tip; he said if you go to irs.gov and if you have made less than $53,000 and you can look for the free filing link on the left side of the page and you can efile your federal return for free and if you are lucky, if you like in one of the 21 states that offer efiles you don't have to pay anything. Just make sure you choose a site that you would trust with your information. Well, I don't think you could trust anybody beyond the IRS or irs.gov. Regardless of its true legal, anyway. I don't want to go into that. I will leave that to all of those of you support Ron Paul.
No matter so those are some tax tips passed along from someone like you or me who were likely not financially wizards but we start to deal with taxes. If anybody else has any financial advise they want to pass along and if you are a Financial Advisor or if you have just been dealing with finances through most of your adult life. Anything you can do to help the rest of us as long as it's a good advise and I think this is solid advice. There is nothing wrong with this, you know, pass them along. I would love to share them with the rest of the community. My email address is chris@pirillo.com.
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