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Sunday, February 5, 2012

Six Reasons to File Your Taxes Early

Posted by Marie on February 17, 2009

file taxes early to avoid problemsSure it’s only February, but there are so many reason to get your taxes done early.

  1. Searching and Fumbling. You know you’re going to be searching for at least a couple of receipts. Those credit card statements also need to be reviewed to make sure every last deduction is included. It’s better to start early and find those gaps ahead of time.
  2. Avoid penalties. Who can afford to give away extra money these days?
  3. Additional adjustments. After you calculate your taxes, is there something you can do to save even more? Perhaps making an extra retirement account deposit will bring down your tax liability?
  4. Unexpected delays. Do you really want to worry about your computer, printer, or even your car breaking down on April 15?
  5. Incorrect information. The earlier you catch discrepancies in the various forms you receive (W-2s, 1099s), the easier it will be to get a correction from the other party.
  6. Refund! The earlier you file, the earlier you’ll receive any money that is coming back.

Get Help Organizing Your End-Of-Year Receipts

Posted by Marie on December 12, 2008

adding tape receiptsAre your business receipts in a great big pile right now? Do you need them reconciled against your credit card statements?

Detour Services can help you prepare for your upcoming appointment with the tax accountant.

The organization of your expenses is a task that is easily outsourced and assigned. A personal assistant will save you hours of sorting and organizing.

The end of the year is hectic for small businesses and for small business owners. There’s a fiscal year to close out and a plan of attack to be made for the next.

Call us today to get this responsibility off your list and off your mind.

Detour Services

Detour Services (www.detourservices.com) strives to be a busy entrepreneur's one-stop shop for administrative support. If you do not have a full-time executive assistant, personal assistant, or project coordinator, let us help.