As a blogger I am self employed which makes tax season “fun”, however I have learned over the years that year-round tax prep and planning are essential to getting my taxes done efficiently and right. Even if you are not self employed like I am The Advantages of Year-Round Tax Prep & Planning are BIG and will save you a TON of stress and craziness at tax time.
The Advantages of Year-Round Tax Prep & Planning
- No digging for receipts – you will be prepped and have them all in one place so when you go to do your taxes you do not have to hunt for them all.
- No Figuring out Payroll – If you have employees that are on a payroll system, Block Advisors can help provide your back-end needs and tax information that you need.
- Less stress – Knowing what you need to get your taxes done will make life a lot less stressful.
- Documents ready to go – Keeping an income report and an expense report and updating them monthly will make it easy to figure out your end of the year totals.
- Less late nights – Having thing lined up and ready to go means you will have less late nights being up trying to get all your stuff together.
- Less crying – I can’t be the only one who sits in the middle of the living room surrounded by paperwork crying 😉
- More time with my kids – I can get organized and be organized which in turn gives me more time to spend doing the mom thing that I love.
- Knowing the tax bill in advanced – While you won’t know 100% what your taxes are going to be that you have to pay or that you are going to get back, you will have some what of an idea and won’t just be guessing numbers.
- Knowing your income in advanced – If you are a business owner then you don’t always know exactly what the business has made until the end of the year. And this is especially true if things are not organized. Being prepared and planning for your taxes means you will know where you are income wise.
Block Advisors is your year-round dedicated tax partner, offering both tax preparation and tax planning experience. Additionally, if you run a small business, Block Advisors can provide your back-end needs including payroll, bookkeeping and more to serve all of your tax and accounting needs. With more than 280 Block Advisors offices across the country, you can think of Block Advisors as your hometown tax advisor.
What to expect Using Block Advisor:
- Experience: Make an appointment to meet in a contemporary, private office with a trusted Tax Advisor; that’s the beginning of what will be a long-term relationship.
- Results: Devotion to clients – they stand by their work.
- Support: Year-round, consider a Tax Advisor your personal partner. They are there to answer questions and plan for the future. And if the IRS ever asks questions, they are there for you. You’ll never go it alone.
There are more than 280 Block Advisors offices across the country so finding some one that is local to you should make your tax prep needs easy. You can find a local Block Advisor here.
Disclaimer: This post is sponsored by H&R Block. All opinions are 100% my own.
Robin Masshole Mommy says
My husband is an accountant, so he takes care of my taxes and he does it year round (he pays our taxes quarterly). It’s smart for bloggers to keep up with it.
Stacie @ Divine Lifestyle says
Great post. I try to keep all my taxes in one spot for the year. I also like to have a game plan revolving around what I can use as deductions and what I can’t.
Rebecca B says
This is the first year that I will have to really do taxes as a blogger and I am a little scared of it. I have tried to keep up with all my income and expenses on a monthly basis throughout the year, so hopefully that will help 🙂
Jennifer says
This is something I definitely need to be more diligent about. It puts less stress on everyone involved. Bookmarking this post to show my hubby!
lisa says
Tax time always makes me nervous but I’m very good at keeping everything I need together during the year. It really makes it easier to file .
Terri Beavers says
I really need to get more organized with my tax prep planning. Thanks so much for the tips.
ricci says
I hate tax season!! I definitely need to be more prepared and these are great tips!!
Angie says
Yeah, I HAVE to be better about this this year. I’m TERRIBLE at tracking, and then it’s a mad rush to find everything for tax season and I hate myself a little lol.
Miles L. says
I should really improve my tax preparation habits. I always procrastinate and end-up cramming. These benefits surely motivated me.
Christa says
Such a stressful time of year for me but you’re right, with some preparation through the year it doesn’t have to be. I always say that I am going to improve my habits the next year but I never do.
Rebecca Swenor says
These are great advantages of tax prep and planing year round. Block Advisors sound like the way to go when tax prepping and planning. It would be great for anyone who blogs or has a small business.
Kelli @ 3 Boys and a Dog says
Tax time is always strenuous! To have a guideline to help you stay on task and on track is imperative and a blessing! Thanks for sharing this with us!
Bonnie @wemake7 says
Both my husband and I are self employed and this year was such a headache filing. Next year I am going to be prepared!
Claudia Krusch says
I really need to get more organized with my tax prep planning and doing things in advance. Thank you for the tips!
Tiffany @ Daily Leisure says
I feel you. Tax season is no fun when you work from home. I do not make enough for taxes to be as stressful as they are! lol
Kathy says
Sometimes I hate when this time of year comes, but other times it’s nice. My mother in law and one of my best friends both went to school for accounting. They know a lot about taxes thankfully. I usually go to them for help when I need it.
Katarina says
I hate this kind of work, I always let other people take care of taxes, but I honestly could work on it a bit more. Great post!
April Mims says
It’s so important to stay on top of organizing for tax time. It really doesn’t have to be stressful if you are organized throughout the year.
Tracy @ Ascending Butterfly says
Taxes are like the flu shot it comes around once a year and even though you know it’s coming you still avoid it until the last minute! LOL 🙂