Reducing Time Spent On Doing Your Tax Returns

In Newsletters on May 2, 2014 at 3:14 pm


Each year I do my taxes on Turbo Tax. I generally keep my tax records well organized, but there is always room for improvement! I enjoy trying to spend as little time on them as possible. Every year as I begin my tax return I keep a paper nearby to write down any ways I can make filing my taxes faster for the following year.
This year it took me approximately 2 to 3 hours. To improve that time, I made a checklist of all the forms, account numbers, business information, or any other important information I need to complete the project. Most often I try to start too early and then realize that I cannot continue because I am waiting for forms to come in or something similar. Or sometimes I will get started and then have to stop multiple times to go fetch information. So next year once I have everything collected on the tax checklist I will be able to sit down and complete my taxes smoothly and in a shorter amount of time! Hooray!
Less time on taxes, more time for playing!

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