Daily Archives: April 26, 2018

Tips for Making Your Taxes Easier to Handle

When April rolls around it means taxes are due. Many people cringe at the thought of filing their taxes as they believe it’s a gamble of whether they’re paying in or getting a nice refund check. In order to ensure your taxes don’t break your bank, you should follow the many tips outlined below.

The first tip we have for you when it comes to your taxes is to think about what your filing status is going to be. While you may be married, you may get bigger tax benefits from filing as married-filing-separately. We encourage you to fill in your entire tax return under one status first. Check to see what your refund or pay-in amount would be. Then, you should switch the filing status and see if there is a positive difference. This one switch could save you hundreds of bucks.

Deductions can seem like a big word that sounds like a lot of work. The reality is that it’s worth every penny. Throughout the year, simply keep a log of your tax-deductible …