Tips For First Time Tax Filers

American Investment Planners LLC

500 North Broadway, Suite 260, Jericho, NY 11753

(516) 932-5130 / (866) 932-5130

For most, the beginning of the year is exciting because it offers an opportunity to start fresh and work towards new goals. For others, such as accountants or similar financial professionals, the beginning of the year requires focus on one thing and one thing only - taxes!

Throughout the first four months of the year (three and half if you want to get technical), talk of taxes is one that cannot be escaped. Did you file your taxes yet? What do I need to bring to my tax appointment? The tax deadline is almost here! And although it is only the first week of March, the truth of the matter is that the deadline really is almost here. If 2015 is the first year you'll be filing taxes, here are a few tips to help make the daunting task a bit less stressful:

1. Keep on top of your paperwork, stay organized.  Since the process requires you to reference financial documents and fill out a multitude of others, it's important to keep everything as neat and orderly as possible.
2. Don't wait until the last minute. Although you have a generous amount of time to complete your return, waiting until the very last second will only make the act of filing your taxes more complicated. Especially if you prefer to sit down with a professional rather than using Internet software.  Should you choose the professional route; you'll need to secure your appointment before all time slots are full.
3. Do your research. When it comes to your taxes, there are a variety of different deductions that you might be entitled to. Before you fill out any paperwork, make sure you are familiar with what you might be able to write off. And if you're not? Don't be hesitant to ask!

If you haven't already completed your tax return, we at American Investment Planners LLC have the resources you need to complete this year's with ease. When you click here, you can access the important IRS tax forms you need in order to get started. Furthermore, here are a few popular tax terms and their definitions that can help increase your knowledge and understanding of the process.

For more information about our financial planning services and how we can assist you with your taxes, please visit us at www.americaninvestmentplanners.com or contact us at (516) 932-5130 / (866) 932-5130 today.