If you are confused on what documents are necessary to help you have a successful tax-day, we have put together a short list of items that may make it a little easier on you and your accountant.
Income-related documents: Bring any & all W-2, 1098, 1099 & schedule K-1 forms.
Expense-related documents:
- Childcare expenses
- Moving expenses
- Work-related expenses such as uniforms, tools, or education
- Student loan interest
- IRA contributions
- Medical expenses
- Charity contributions
- Real estate and property taxes paid
- Alimony paid or received
"To be prepared is half the victory." - Miguel de Cervantess
Last years tax return: Bring last year’s tax return for reference, as you may qualify for some of the same deductions and this will make it easier to calculate this years return.
Goals: You may not realize that your accountant is also available to discuss your financial goals and will assist you in reaching those goals by making short and long-term goals.
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