For most, taxes are drudgery. Changing laws, tax forms stuffing your mail box, and misplace receipts are just a few of the annoyances. But still, it has to be done. Brandon and Rick talk about some tips and advice when filing your tax return. Join Rick as he tells a strange story when representing a client who wants to purchase a restaurant.
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- File your return on time.
- Do not hide income.
- Pay your taxes on time or make arrangements.
- Organize your Income in one area: 1099s, W-2s, K-1s
- List your expenses.
- Scan into a tax folder on your computer.
Moral: Remember, there is only two things certain, death and taxes. Follow these tips to help not to make your tax season fatal.
