Top 5 Things to Remember Before Tax Day
by Christopher Freeburn | April 9, 2013 11:16 am
Source: iStock
To help taxpayers keep their taxes as low as possible, Walmart‘s (NYSE:WMT[2]) Walmart Foundation and a coalition of other groups including United Way, National Disability Institute and Goodwill Industries International, have compiled a list of five things taxpayers should keep in mind as Tax Day looms[3].
Here are the five things to know before you file your tax returns:
- Maximize your money — Invest any refund you get in a long-term investment to boost your financial security.
- Gather data — Keep important tax documents in a safe, easily accessible place. Don’t forget forms and financial records you will need to fill out your tax return.
- Get an income boost — See you if qualify for the Earned Income Tax Credit, which could mean extra benefits for individuals and families.
- Get Returns Faster — By filing your tax return electronically, you increase the speed with which the Internal Revenue Service can send you a tax refund.
- Save $200 — Do your taxes yourself. People who pay to have their taxes prepared by an outside party spend about $200 on the service.
You can find more detailed information on these tax tips here[4].
Consumer Discretionary[5], Retail[6], Restaurant[7]
Endnotes:
- [Image]: https://investorplace.com/wp-content/uploads/2011/03/iStock_000001245659Small-e1299266830942.jpg
- WMT: http://studio-5.financialcontent.com/investplace/quote?Symbol=WMT
- five things taxpayers should keep in mind as Tax Day looms: http://www.prnewswire.com/news-releases-test/top-five-things-to-remember-before-tax-day-202093931.html
- here: http://www.prnewswire.com/news-releases-test/top-five-things-to-remember-before-tax-day-202093931.html
- Consumer Discretionary: https://investorplace.com/industries/consumer-discretionary/
- Retail: https://investorplace.com/industries/consumer-discretionary/retail/
- Restaurant: https://investorplace.com/industries/consumer-discretionary/retail/restaurant/
Source URL: https://investorplace.com/2013/04/top-5-things-to-remember-before-tax-day/