WHAT TO BRING TO YOUR TAX PREPARER
How many times has your current tax preparer said "I need more information to lower your taxes." (which ultimately decreases your balance due or increases your refund)? Probably not enough.I don't know about all tax preparers, but I do know that I do not want my clients paying more than their "fair share" of taxes. To do this, I need information, and a lot of it. And only YOU can provide it.
With the increase in the standard
deduction, more and more taxpayers will not be able to itemize their deductions.
This, in and of itself, does not hurt the taxpayer. It only hurts when you CAN
itemize and you DO NOT itemize. Then you are paying more than your "fair
share". So when I think you CAN and ask for more information, please do
your best to provide it. Taxpayers who are entitled to deductions from income,
tax credits, and/or adjustments and do not take them are paying more than their
share, too. I am only trying to lower your tax bill, so please make my task
While the tax laws may change from year to year, the basic information you need to do your return or take to your tax preparer doesn't change that much from year-to-year. What may change is what you can DO with the information. So, here's a reference of most of the data you might need and who should have it or keep track of it.
Employment & income data
19782 N. LONE CACTUS DRIVE SURPRISE, AZ 85374 PHONE: 623-594-4498 EMAIL: firstname.lastname@example.org
FOR ADDITIONAL INFORMATION
COMMENTS OR QUESTIONS:
Jerry and Debby Bullins