The Greatest Top 10 Tax Tips!

Even with the best intentions, filing taxes often becomes an event that is put off until the very last minute. Tax laws can be confusing, leaving many unsure of what they may deduct and how they should file. However, according to the Internal Revenue Service (IRS),1 the process can be simpler than you may think.

Here are 10 tax tips the IRS designed to make your filing easier:

1. Organize. Take time throughout the year to store and organize your records, canceled checks, and receipts in one place. Remember to include the income, deduction, or tax credit items that you reported the previous year. Organizing and maintaining a filing system will keep everything conveniently together, and make filling out forms that much simpler.

2. Report all income. Gather all of your W-2 Forms, Wage and Tax Statements, and 1099 income statements to report your income when you file your taxes. Keep them with your other records to make sure you can easily find them when you need them.

3. Visit the IRS website. At www.irs.gov, you will discover many sources of information. You can download and print tax forms, access tax law information and changes, find a list of answers to frequently asked questions, and access numerous online tools and filing tips.

4. Use Free File. Everyone has at least one option available to prepare and e-file a tax return free of charge. IRS Free File uses brand-name tax software or online forms and is available at www.irs.gov. You qualify to use free tax…