Spending a few minutes on your taxes and related files every month could save you money when it comes time to prepare your taxes
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.While Americans get some extra time to do their taxes this year due to the COVID-19 outbreak, I had my taxes done before the virus shut down the country in March. Thanks to a year-round effort to keep my tax files organized and updated, getting my fairly complex taxes put together isn't an enormous effort.
Pro tip: If you want to make your life easier and you're into going paperless with your personal finances, you can always scan these papers into your computer for a fully digital tax-prep experience. Just make sure to drop the old forms in a shredder to avoid identity theft.I personally prefer paperless tax forms over paper forms. It'sand better for the environment. I also find them more convenient, as I'm on my computer a lot more than I'm in my file cabinet.
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