Your 2017 taxes are done. Congratulations! But you’re not done yet. (Sorry) While you have all your tax forms and documents handy, this is the perfect time to analyze last year’s finances and use those insights to prepare for the big changes that will occur in 2018 and beyond. The sooner you get started, the sooner you can start planning that summer vacation!
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With Tax Day (April 17) rapidly approaching, here are some last minute tax prep tips to help get you to the finish line!
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Tax season opened on January 29 and the IRS expects more than 155 million returns to be filed this year, of which more than 70 percent should receive a refund. Once again, due to a Washington DC holiday (Emancipation Day), the filing deadline is delayed. Procrastinators, mark April 17th, rather than April 15th as your drop-dead date.
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