Tax return

Preparing to File Next Year’s Tax Return

IRS

Do you often feel overwhelmed and caught by surprise every time tax season rolls around? You’re not alone, as many people simply get busy with life and don’t prepare for their taxes ahead of time. The good news is that you don’t have to let this happen to you any longer.

When you know the steps to take in preparing to file next year’s tax return, you can enjoy freedom and relief each new tax season. At the Law Offices of Mary E. King, it’s our desire to help our clients break free from IRS- and tax-related burdens.

As such, we’ve compiled a handy guide to help you get a head start on your taxes. Refer to this each new tax season, and you will find yourself enjoying a sense of peace.

Get Professional Assistance

One of the best things you can do for yourself is to secure the services of a qualified tax return preparation attorney. If you don’t yet have someone to prepare your taxes, contact the Law Offices of Mary King. We provide accurate, legal, and knowledgeable tax assistance.

Moreover, you can find helpful tips directly from the IRS’s website if you’re looking to learn all that you can about tax preparation. That said, Mary King is a highly accomplished tax return preparation attorney and can provide you with comprehensive guidance and direction concerning your tax matters.

Make an Appointment

The quicker you meet with a tax return preparation attorney, the quicker you can complete your taxes. Even if you have to apply for an extension, you will have the resources to ensure that you’re ready when the time comes. If you’re expecting a refund, you can look forward to getting it quicker than usual. But if you delay making an appointment with your tax return preparation attorney, you might not get to file before the submission deadline.

This can result in you missing important opportunities to reduce your tax bill. For example, deductible IRA contributions and health savings accounts can both help lower your bill. With a qualified tax return preparation attorney assisting you with your return, you can be sure to follow the proper channels and meet all of your requirements as per the IRS’s guidelines.

Get Your Paperwork Together

Most people will get all of the necessary tax documents by the end of January each year. Always take the time to double-check your paperwork the moment you receive it to make sure that all information is factual and correct. Any errors need to be reported immediately so as not to delay things any further.

The tax documentation you might receive can include:

1. Form 1099

1. MISC
2. INT
3. DIV

2. Form W-2G
3. Form 1098
4. Form W-2

Please keep in mind that not everyone receives the same forms or the same number of forms. 

Gather Your Receipts

Do you typically claim a standard deduction, or do you generally itemize your deductions? Obviously, you want to choose the option that yields the biggest return. You need to add up your totals and compare the two. A qualified tax return preparation attorney can assist you with this.

Have Personal Information Ready

Most people know their Social Security Number, but do you know the SSNs of your dependents? Having this information ready will streamline your tax preparation. Your tax return preparation attorney will let you know if they need any additional information.

Do You Need An Extension?

There are some situations that may require you to seek an extension to get all this information ready. If you believe you need more time, an extension will give you until October 15th to file your return.

Get an Early Start

The sooner you start on your tax return, the sooner you can get it prepared and filed. If you run into tax-related issues, it’s important that you have a tax return preparation attorney to assist you. Here at the Law Offices of Mary E. King, we communicate with the IRS on a regular basis and are your trusted advocates for all of your tax-related matters. Please contact us if you need any legal help with your taxes.

Call the Law Offices of Mary E. King Today

We invite you to contact tax return preparation attorney Mary E. King if you need assistance getting a head start on preparing your taxes. She has extensive experience successfully handling tax matters of all kinds and can ensure that you are ready for the next tax season.

To request the services of the Law Offices of Mary King, please fill out our online contact form or call us directly at 941-906-7585.

The information in this blog post is for reference only and not legal advice. As such, you should not decide whether to contact a lawyer based on the information in this blog post. Moreover, there is no lawyer-client relationship resulting from this blog post, nor should any such relationship be implied. If you need legal counsel, please consult a lawyer licensed to practice in your jurisdiction.

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