It is that time of the year again. Yes, tax season. This is the time of year that a lot of people get really stressed out. There are several ways to lower these stresses.
1. The first thing that needs to be done is to gather any records and information a person might have. Being organized in a situation like this really comes in handy to lower stress levels. Keeping all records in one place together will help out so much.
2. Another great thing is to be prepared. Most everyone knows that W2s and 1099s have until the last day of January to be sent out by employers. Because of this, people need to be ready for what is about to come and look for these things.
3. Filing electronically is free sometimes and takes away the hassle of waiting around forever for the paper file to get back to them. This is a great way to lower stress levels because it is often easy to do and is the fastest means of filing taxes.
4. Staying on task definitely helps to lower stress. Having your mind go off in a million different directions does not help anyone, so multi-tasking in this situation is not a good thing.
5. Do not forget to consider all options. Some of these options include a person filing themselves or going to a professional to have it done for them. There are often free volunteer tax accountants that can help tax payers as well. Having more than one option keeps the flow moving and keeps stress levels low. People just have to be open minded about the different options.
6. Starting early and finishing early when doing taxes is a great help on stress reduction. Getting the hassle out of the way as soon as possible is a big relief and is also a big burden that seems to be lifted off of people. A person feels so much better to just get it done and out of the way.
7. Another great thing is to take advantage of all the helpful resources and tips that are out there for you. The official website of the IRS is a great resource to use. This site has helpful forms, answers, tips, and updates on any changes that a person should be aware of. All of these things can help to make the process easier and to go more smoothly.
8. Taking breaks every once and a while is a great method of reducing stress. These breaks should consist of standing up, stretching, and anything else that puts a mind at ease. This helps to calm the nerves and also to allow your mind to think straight.
9. Do not forget to check over everything before the taxes are sent. Rushing can a loss of money which makes people very stressed out. Calculations should be double checked so that errors are not made for this very reason.
10. If problems come up, do not freak out. Freaking out only increases stress, so this should be avoided. If worst comes to worst, take the time to pamper yourself. Do whatever it takes to not stress out and get the job done.
- Volunteer Tax Assistance (2010taxes.org)
- 2011 Taxes: How To Obtain Information You May Need (2011taxes.org)
Not Stressing Out During Tax Time
by Steven Patterson