Beat the rush! File your taxes before the deadline
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Hey there, time traveller!
This article was published 18/02/2025 (291 days ago), so information in it may no longer be current.
The tax deadline of April 30 is fast approaching. Here are a few tips to help ease the stress and speed up the filing process:
1. Organize your documents early
Gather all essential documents in advance, such as last year’s tax return, income statements, deductible expenses and investment paperwork. By organizing your records, you’ll help your tax professional quickly sort through everything and minimize the risk of missing out on potential deductions.
2. Prepare questions in advance
Before meeting with your tax expert, take some time to jot down any questions or concerns you have about your taxes. This will help you make the most of your time together and ensure all your concerns are addressed.
3. Make a list of any major life changes
Make a note of any major life events from the past year, such as a job change, marriage, divorce, home purchase or the birth of a child. These events can impact your taxes. For instance, marriage may allow you to file jointly and take advantage of certain deductions, and a home purchase could qualify you for new credits.
4. Consider filing online
Many tax professionals provide a secure e-filing service that is often faster than mailing in paper forms. Additionally, your tax expert can arrange to have your refund deposited directly into your bank account, so you can receive your refund faster.
Try following these steps to make your 2025 tax filing go as smoothly as possible! If you’re short on time, contact a pro to help you file for an extension.
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