It is crunch time in that most grueling of seasons, tax season. The April 15 is the deadline for filing your 2008 Federal Tax return with the Internal Revenue Service (IRS) is just a week away.
The first step to preparing your taxes is to organize all your W-2 and other income documentation. Then make sure you have dedicated enough time to get your Form 1040 completed.
Get plenty of rest before you start the process so that you approach the task with a clear head.
Since most of us don’t want to think about taxes the rest of the year, we tend to ignore all the things that make tax preparation easier. Organizing receipts so that accounting for your deductions may seem like a chore throughout the year, but it is much better than sorting through 12 months of paperwork the week before your tax return is due.