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It might feel too early to start thinking about taxes, but the beginning of the year is the perfect time to begin. After all, April comes up fast, and you want to be ready. Rockstar Finance offers some straightforward tasks to help you get started.
You can begin organizing your tax documents using this three-folder method. Additionally, Rockstar Finance's money blog provides a few specific actions to take now to prepare for April:
Locate all your W-2 and 1099 forms
Download your student loan statements
Download your investment and real estate statements
Track down all those boxes filled with receipts
Start entering your details into your software
Pick up the phone and reach out to your accountant
You don’t need to wait until April. Besides gathering your paperwork now, you can also go ahead and file. However, be aware that your refund might be delayed if you claim specific credits. For more tips on preparing your taxes, check out the full post linked below.
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