Many people who wait until the last minute to do their taxes will end up owing money, and even worse, those who file late will be subject to a penalty. If you don't have an accountant, tax preparation can be a pain, especially if you're up against the deadline. Fortunately, Hal Surratt CPA in Archdale, NC, is here to help.

Here are three last-minute tax preparation tips:

• Have the Right Documents: If you do your own tax accounting, getting your paperwork in order is the first step to preparing your taxes. Even if you use an accountant, it’s still your responsibility to ensure you have the right documents in order. Gather all your receipts for deductions, plus your W-2 and 1099 forms.
• File Electronically: If you want to avoid the hassle of ensuring your tax return is postmarked correctly, file electronically. When it comes to filing your taxes, doing it electronically is a much faster way to file your return and can easily be done with tax accounting software. It’s a foolproof way to meet the deadline without worrying about the post office.
• Request an Extension: If you’re experiencing extenuating circumstances preventing you from filing your taxes on time, request an extension. Doing this will help you avoid a penalty for filing late, but you must still send in your payment by the tax deadline.

Whether you have an accountant do your tax accounting or you’re on your own, knowing how to take advantage of these last-minute tax preparation tips can be extremely helpful. Don’t let the deadline pass you by! For more help with your tax filing, call Hal Surratt CPA in Archdale, NC, at (336) 861-4024 or visit their website for more information.