By Jimmy J. Williams, CPA/PFS, CFP® Apr 15, 2021
4 hrs ago
It is time to file your 2020 individual income tax returns. Many people face this task with trepidation and stress. To help you focus on this important obligation of all Americans, I am providing you some simple, yet effective, strategies to reduce this process to its simplest form.
First, do not procrastinate until April of each year to begin preparing for this required activity. Too many of us dislike the process of gathering and organizing our information to perform the task of preparing our returns. Do you remember the question about tackling big projects? You know, âHow do you eat an elephant?â The answer for the previous query, as well as the approach to your organization of tax information is the same, âone bite at a timeâ.