Summary
As tax season approaches, it's crucial to prepare by organizing your financial documents, assessing any changes in your tax situation, and scheduling necessary payments and consultations. Start by gathering all relevant paperwork, such as income statements (W-2s, 1099s) and receipts for deductible expenses. If you've experienced significant life events—like marriage, the birth of a child, or a job change—these can impact your tax obligations. Self-employed individuals should remember that the final estimated tax payment for 2024 is due on January 15, 2025. Consulting with a tax professional can help identify strategies to optimize your return and ensure compliance with tax laws.
Life Hacker

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Tasks to Complete Now for Tax Season