Tax Filing Tips

Tax season doesn’t have to be stressful. Use these simple tips to stay organized and file with confidence:

Gather Your Documents Early

Collect W-2s, 1099s, mortgage interest statements, student loan interest forms, and investment statements before you start filing.

Double-Check Personal Information

Make sure names, Social Security numbers, and bank account details are accurate to avoid processing delays.

Be Ready to Direct Deposit

It is more important than ever to have your banking information ready before you file. The IRS has announced it is no longer issuing paper checks for individual tax refunds. This means direct deposit is no longer just a "fast option"; it is the required way to receive your money.

Review Available Credits & Deductions

You may qualify for valuable tax credits like:

  • Child Tax Credit

  • Earned Income Tax Credit (EITC)

  • Education credits

  • Energy efficiency credits

Don’t leave money on the table!

Contribute to Retirement Accounts

Depending on the deadline, contributions to IRAs or HSAs may reduce your taxable income.

Watch for Scams

The IRS will not call, text, or email demanding immediate payment. Be cautious with any unexpected tax-related communications.

Plan for Your Refund

If you’re receiving a refund, consider:

  • Building your emergency savings

  • Paying down high-interest debt

  • Contributing to retirement
    Setting aside funds for upcoming expenses

File Early to Reduce Fraud Risk

Filing early helps prevent identity thieves from filing a fraudulent return in your name.

Anisa Agulto