Tax Day Tips
This year, there are some new things being added in terms of taxes. With regard to home mortgage loans, mortgage debt forgiveness tax relief is a solid fixture. And don’t forget that this year, you need to file a tax return in order to get your “economic stimulus” tax rebate. Even if you don’t normally need to file a tax return, this year it is necessary if you want your tax rebate.
Here are some Tax Day tips to help ensure that you are on the right track with your taxes:
- Double check your tax return. Before sending it in, have another look at your tax return. Better yet, have someone else double check your tax return. There are usually agencies and organizations in most towns that offer free tax help, or that will look over your tax return for a small fee.
- Make copies. You should make copies of your tax forms and all supporting documentation. Keep it in a safe place. This way, you have something to refer to if an audit happens. Note that Office Depot and Staples offer to make copies of your tax forms for free.
- Get help from the source. The IRS offers free tax help and Tax Day tips at its Web site, and also when you call 1-800-829-104o.
- Send your tax return (and/or payment) out today. My tax return was filed electronically, but I still have to send out payment. Tax returns and payment need to be post-marked by midnight tonight. Many post offices are open until midnight in order to make these accommodations. If you can’t get your tax return done by tonight, file for an extension to give you extra time.
And, of course, start now to prepare for next year!
Tags: tax day tips, tax rebate, home mortgage loans, mortgage loan blog,
pay taxes, economic stimulus, free tax help
