Even hearing the words “tax filing” can send some people into a fit of anxiety, and by ‘some’ people, it usually means most. There’s no shame in being scared of the big, bad IRS monster that seems to poke its head out of the closet every spring, but you don’t need to be scared forever.
Taxes are tricky because most of us aren’t accountants and financial experts, but there are plenty of reasons why you shouldn’t stress over filing your taxes for next year. Here are some of the reasons why you should relax a little.
You have plenty of time.
Between now and the tax filing period deadline (April 15th, 2021), you have plenty of time to get organized and ready to do your taxes. This year was quite an anomaly, to say the least, and the deadline was extended, which could mean it may be again next year, but even without that saving grace, you have half of December, plus 3.5 months left to get your paperwork in order to file.
There are tax prep services available.
If you’re someone who doesn’t have the slightest modicum of financial knowledge, there are plenty of people out there ready to lend a hand. You don’t even need to hire an expensive accountant, as the experts at Taxfyle show that prep services are getting better and cheaper. Knowing you have a lot of support out there makes it much less daunting to get your taxes filed properly and on time, and for a fraction of the cost, too.
They aren’t hard to learn.
Even if you’re someone that likes to do things by yourself, tax filing shouldn’t scare you too much. It can be tricky to learn, but knowing the basics of what forms to fill out and how to fill them out is easy, with all of the resources at your disposal. There are plenty of videos and courses online to help teach you, and it doesn’t take a rocket scientist to learn it. This can help you shake off some of the tax season jitters.
Digital filing makes it easier.
Embracing the digital future helps a lot of people see how beneficial it can be for their lives. Doing your own taxes, or getting a tax prep service to help, can be done all through a computer or on the phone (although this is less secure). The best part is not having to rifle through file cabinets and drawers to find your important tax documents. Being able to store them securely in folders on your computer makes it much easier to organize, and it takes up a lot less space, which comes in handy for other papers.
Taxes seem to be a dirty word for too many people. Yes, no one wants to pay them, but you have to do what you have to do sometimes. Even beyond the act of paying your taxes, there’s a lot of anxiety around getting it done, for various reasons. As you can see, there are also plenty of reasons why you don’t need to stress over filing anymore.