As with everything in life being well prepared has its advantages. This is equally true when it comes to preparing for the tax season that always seems to arrive sooner rather than later.
For example, one of the first things that must be decided with regard to taxes is whether you will do your taxes on your own or hire a professional. In most instances hiring a tax attorney in Atlanta will ensure that your taxes are done correctly every time.
In addition, staying organized throughout the year with regard to tax papers, bank documents and other related paperwork will greatly improve the chances that your tax filing will go smoothly.
Those who must file on their own should always consider filing electronically and using quality software as opposed to filing manually. Filing electronically is quick, easy and better received by the IRS.
This is another instance where an IRS tax attorney in Atlanta can help guide individuals in making the best possible choices.
Atlanta Tax Help
Equally important is to understand all aspects of taxes and how they relate to married people. Some couples may indeed be penalized when it comes to taxes because they are simply married.
Whether you get a marriage penalty or tax credit may be determined by how your taxes are completed. In some instances it may indeed be better to file separately if married. Working closely with your Atlanta tax help professional will ensure that married couples enjoy the best possible tax advantages in a safe and cost-effective way.
Those who are self-employed or who work from home should exercise extreme caution with regard to their taxes.
The good news is that the self-employed or anyone who works from home is typically able to deduct more than others.
However, it should be noted that the self-employed and those working from home typically pay estimated taxes quarterly throughout the year. If working under a 1099 or working from home, you should remember that there are many write-offs that can be applied during tax season.
Your tax attorney in Atlanta will help guide you through the complexities of being a 1099 worker in today’s modern world.
Atlanta Tax Expert
Finally, it is essential to ensure that you get all the deductions possible that you are entitled to each and every year. Not taking full advantage of all deductions will ultimately cost you more money over the long and short term with regard to how much tax you pay.
From student loan tax deductions to special tax deductions for those in the military as well as tax-deductible medical expenses and job-search expenses, there are many ways to save money when doing your taxes each year.
Never overlook the power of justifiable deductions as a way to reduce your tax burden. Contact The Gartzman Law Firm, P.C. an Atlanta Georgia tax expert for assistance, guidance and professional help with a wide range of Atlanta tax problems.