Taxpayers should plan on spending at least 13 hours this year preparing their return, according to the Internal Revenue Service. Business owners should set aside roughly 24 hours to complete their tax return.
Those 13 hours include time for record keeping, tax preparation, form submission, and possibly writing a check to the U.S. Treasury.
Tax time is the moment every year when your finances stop. It’s that moment when all revenue is counted, expenses are finalized, and your financial records are in one place.
Why not take advantage of this time to see if you’re on track to pursue your financial goals? Call and schedule an appointment today!
February 09, 2021