Mooneem bookkeeping offers suggestions on what to do now to avoid tax season stress in April

Top Quote Taking small actions at this time of the year can go a long way in reducing last minute panic when filing taxes in April. End Quote
  • Los Angeles-Long Beach, CA (1888PressRelease) November 29, 2011 - Mooneem bookkeeping believes that there's no better time than the present to start preparing for tax season. The firm recently offered suggestions on how to avoid tax season panic that often overtakes the unprepared come April. By organizing now, tax time should be a breeze.

    Tax time preparation doesn't have to be time intensive, it can be done in minutes a day, said Mooneem principle Parag Karia.

    "Thinking about tax time is probably the last thing on most people's minds but with organization and a little pre-planning it takes the dread out of presenting your tax paperwork to your tax preparer," Karia said.

    So how to go about getting organized for tax time?
    Start by figuring out what information is needed. Often tax preparers can provide a checklist of needed items. Know which items are needed and make sure to save them throughout the year in a tax folder.

    Usually, needed items include proof of any income earned; expenses related to that income; medical expenses; work-related travel expenses; education expenses; savings and investments information; and records of major purchases like homes.

    Be mindful of any time an event occurs that may have an affect on taxes, like a marriage or birth of a baby. At those times the last thing most people think about is taxes, but by taking a minute to make a copy of documents associated with that event and placing them in a tax file it paves the way for ease of tax filing come April.

    To get more tips on how to keep finances in order whether it's for tax season or everyday budgeting discover the services Mooneem offers by visiting www.mooneem.com

    About Mooneem
    Mooneem is a Los Angeles-based bookkeeping service that does more than just handle books. Mooneem is a firm that prides itself on integrity, competence and accountability in its dedication to not only helping customers reconcile their books but also in identifying ways their customers can save money and grow their businesses. The firm's approach to bookkeeping includes close client interaction and a professional approach that results in a secure financial bottom line. Visit them at www.mooneem.com

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