Don't Let Tax Time be Taxing

DALLAS, Jan. 26, 2012 /PRNewswire/ -- Organization is the key to a smooth tax season. The sooner individuals file their returns, the sooner they will receive any tax refund owed. While tax filing does take preparation, careful planning and research can make the process faster and easier.

"This year's tax due date, April 17, is still months away, but collecting and preparing all of the documentation needed to complete an accurate tax return can be time-consuming," says Michelle Strong, President of the premier online savings hub DealTaker.com. "Tax payers can save time and money by finding online offers and discounts on sites like DealTaker.com and Coupon Sherpa to purchase tax software programs, tax-related services, and office supplies."

Below are several suggestions to help tax-payers prepare for this tax season:

Get Organized – Employers, banks and other institutions must send all tax documents by the end of January, so a checklist of documentation needed can help. Individuals can check off items as they arrive to easily determine which ones are still needed prior to starting the filing process.

e-File - According to USA.gov, over 100 million people will electronically file their tax return this year. Tax software from companies such as Turbo Tax and H&R Block not only have easy to use e-file features, but also offer a number of additional benefits, including faster tax submissions and returns, increased accuracy, and greater security.

Access Tax Resources – Not everyone can e-file, so individuals need to know where to find all the necessary paperwork for a mailed return. Since the IRS no longer mails tax forms, tax payers can visit www.irs.gov to download tax forms or visit a local library for printed copies.

Ask Questions - Some of the major tax companies offer free tax advice or access to professionals who can answer a variety of tax-related questions. Tax payers should take advantage of these services to avoid paying more or filing incorrectly.  

Think Ahead – Since tax filing is a yearly event, a little pre-planning for next year will go a long way toward reducing the stress and time associated with tax preparation. Visit office supply stores such as Staples, Office Max, and Office Depot to stock up on file folders, envelopes, shredders, and more to help organize receipts and other paperwork for 2012. Additionally, tax payers can purchase finance management software from Mint.com and Quicken to track income and expenses over the coming year.

About DealTaker.com

Founded in Plano, Texas in 2004, DealTaker.com is the premier destination for consumers looking to spend less and get more. A free coupon site for shoppers to find and share deals, DealTaker.com brings together over 18,000 offers from over 3,500 stores to help shoppers save on merchandise and services, including food, travel, electronics, home furnishings, jewelry and pet supplies and more.

Related Links
www.dealtaker.com

SOURCE DealTaker.com