The deadline to file your tax return is Monday, May 17, 2021. Here are four tips you should keep in mind to make the process as simple as possible.
Avoid These Common Mistakes
It’s always advisable to file an error-free tax return. This is a list of some common mistakes that can be easily avoided with a little preparation:
- Names (your name and those of the people you claim as dependants must appear just like on the Social Security card).
- Math errors.
- Don’t forget to sign and date your return (remember that if you file your taxes jointly, both spouses must sign and date the return).
Keep a Copy of Your Return
Once your return is ready for filing, make sure to keep a copy, as well as copies of all supporting documents. Store everything in a dry place and, if possible, scan everything or take pictures so you also have a digital backup.
If you expect a refund it’s worth keeping in mind that you shouldn’t count on receiving it by a given date, especially if you plan to use that money top pay off bills or debts. To check the status of your refund, you don’t have to call the IRS. Instead, use the handy online tool Where’s my Refund?
Seek the Assistance of a Tax Expert
If you have questions about taxes, don’t hesitate the assistance of a tax professional. This tip is always valid, but is particularly important this year because there are many changes due to the COVID-19 pandemic that you should keep in mind as you file your return.
Contact the Tax Experts at Delgado’s Insurance
If you are looking for assistance with your 2020 tax return or your stimulus payment, contact our experts at Delgado’s Insurance. Our mission is to help you make sense of your options to reduce your liability and maximize your deductions while staying compliant with all relevant laws and regulations.
We have locations in Riverside, California, and Bloomington, California. Contact us today by telephone (951-361-0084, 909-421-9003), email (firstname.lastname@example.org), or through our social media accounts (Facebook, Twitter) to get a free quote and learn more about our wide array of services.