5 Reasons you should File your Taxes on Time

Preparing a tax return is not something you always think about. As a result, many people tend to postpone and wait until the last minute to file their returns. However, at GUARDIAN INSURANCE AGENCY located in Fairburn, Lagrange and Norcross we give you some good reasons to start preparing your tax return as early as you collect all the necessary documents:

1. Reduce stress:

Gathering the necessary documents, spreadsheets, and forms to properly file your taxes can take longer than you think, especially if you’re not so organized. By starting the process before and filing sooner rather than later, you're less likely to make crucial mistakes, such as forgetting to include commonly overlooked tax deductions, because you won't be rushed. 

2. Maximize Cash:

The IRS processes returns in the order in which they are received. If you are getting a refund, you can get your refund processed and in your hands faster and use it to pay down or pay off costly bills and high interest loans, which can save you money on interest and fees.

3. Receive your refund faster:

If you file your return in February, you will receive your check earlier than you would if you file in April because on this date the IRS will be inundated with returns by last minute filers. The longer you wait to file, the longer it takes to get your tax refund check.

4. Is easier to find good help:

Finding a qualified tax professional well in advance of the filing deadline is fairly easy. But once the tax return season progresses and the deadline rapidly approaches, accountants and other tax professionals will have far less time to take on new clients. And even if you have an accountant, they'll have more time to devote to your return if you schedule with them early in the year.

5. You’ll have more time if you have to pay: 

Hopefully you’re looking at a refund this year, but if not, you’ll have to be paid in full by April 18th. If this is the case, you’ll give yourself more time to pay by filing early. Think about that if you know you owe money this year.

The 2017 tax season is now underway. Make the most of the season by filing early. At GUARDIAN INSURANCE AGENCY located in Fairburn, Lagrange and Norcross we help you with all about the Tax Filing Season.

For more Information contact us: (706)884-5006 or (770)969-5666

Please visit us: www.go-guardian.com