Tax Forms
Tax day is coming. Yes, taxes are not due to the IRS until April 15, 2007, but it is never too early to get all your pertainent tax documents ready so you can get yourtax return in on time. W-2s and 1099s should arrive from your employer(s) from 2006 by the end of January. If not, make sure to talk to your employer and ask them to resend them because you will need them to file your taxes.
Remember, you do not want a big refund check from the federal and state government because that means they have had your money over the year and not paid you any interest. You want to come as close as you can to breaking even because otherwise you have lost out on that earning potential over 2006. If you do get a big tax return talk to your HR department or a tax professional to withhold the correct amount of taxes from each check.
Check out Blueprint for even more information on taxes.
Look over what Consumerism Commentary has to say about taxes too.
My Money has a good tax tip as well.
Written by Nagel on January 11th, 2007 with
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