It’s only January, even if it’s already two weeks into the month now, but that still means that it’s practically tax season!
That’s right, with April 15th almost specifically four months away, now is the time to start filing that 1040 Form.
The time has come to get all of your documents together.
Now is the time to pay a visit to your accountant, or just create it yourself and get everything over with already – now!
Or procrastinate at your own risk.
Most variations of the 1040 Form are simple to handle yourself, unless you own a fat and difficult investment portfolio or something of the sort, such as real estate and so on.
But of course the whole thing is onerous to begin with, which is why even perfectly poor people go to the trouble and expense of hiring somebody else to prepare their returns for them!
But procrastination is a dangerous thing with regards to the government’s money.
You may be fined and/or (and note how that’s “and/or” – not only one or the other, but [rather] possibly both!) jailed for being late.
It’s happened to others; why not you?
Seriously, the 1040 Form is so easy to do, generally, that it’s the height of ignorance to fund tax preparation that can cost between fifteen to thirty percent of your anticipated refund!
That’s not even mentioning the excess cost of filing electronically – which is free, actually, for those making below twenty-five thousand dollars a year if done through a third-party website connected to the IRS.
It’s amazing how much money can be made filling out people’s tax forms for them!
Even charging just a “discount” rate of thirty to fifty dollars a pop with a client base of simply ten to twenty people, that’s anywhere from around three hundred to a thousand dollars in a week – for what might not even amount to ten hours of work overall!
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