When filing taxes, it can be an overwhelming process to get all your documents together and ensure you're doing everything right. Fortunately, there are a few steps you and your accountant can take to make the filing time easier and to IRS standard. Roy E. Carter, CPA, PC, in Staunton, VA, has been providing the community with tax help since 1998. Here, he shares some of his best tips.

An Accountant's Guide to Simple Tax Filing

1. Keep Records Throughout the Year

Staying organized is key to stressing less when tax season rolls around. Keep detailed records of purchases and invoices, and have all your filing paperwork ready to go as soon as possible. Dedicate folders to receipts and digital documents; that way, you don't have to hunt around your desk, cabinets, and computer, to gather all the information you need. 

2. Start Filing Early

While dragging your feet during tax time is common, it can cause stress and leave you scrambling if an issue arises. Start the process as soon as the season begins, so you have weeks to get everything together and extra time in case something doesn't look right or your accountant needs more documentation. If possible, ask for your W-2 or other forms as soon as they are made available. 

3. Hire a Professional 

While there are a variety of do-it-yourself online programs, a simple mistake can cost you down the road. Instead, at the beginning of the year, invest in hiring an accountant who is well-versed in your situation. Whether you need generic personal tax help or someone to organize your business' bookkeeping, a professional will streamline the process. And, because they know the rules, you can have peace of mind that everything is filed to the IRS standard and that you’ll have representation if your file is pinged. 

If you're looking for a reliable and experienced accountant in the Staunton, VA area, turn to Roy E. Carter, CPA, PC. With extensive knowledge in tax return preparation and IRS representation, he offers quality guidance and service throughout the process. For more information about him and what he offers, visit the website, or call (540) 886-6251 to set up a consultation today.