Tax Day is less than two months away. Are you ready?
Hare some of the key points to keep in mind as you begin to focus on preparing your tax return, as well as a few new wrinkles for the 2013 tax year:
1. GET ORGANIZED
The first step toward preparing an accurate return is to make sure you have all the necessary documents. At the top of the list are the forms detailing your income for 2013. This could be various 1099 forms, typically received by workers hired on a contract basis, or a Form W-2, commonly issued by employers of salaried or wage workers.
Taxpayers who did a lot of independent contractor work will need to make sure they have a complete set of 1099s.