Tax Day

 

Yep, it's Tax Day! Are any of you buried in paperwork trying to finish up your taxes? I didn't think so, you're organized. If you will receive a refund, start planning on how you will use it. Making some extra payments on a credit card or any debt is a good idea. Also, save some of the refund for summer vacation travel plans. The gas prices and food are two of the top things that will be higher this vacation season. The important thing is to use the tax refund wisely in whatever way fits your lifestyle.

Tax Time Tip

Yep, tax time is here and many people will either be preparing their income taxes themselves or meeting with an accountant in the coming weeks. Keep track of necessary paperwork in one place like a manila folder or envelope labeled "2011 Taxes." As we know, tax time can be a bit stressful especially when you're scrambling around to find that missing receipt or charitable donation. This year, keep the stress-level down by being more organized.

Another handy idea is to set the target date on your calendar for when you will either sit down at the computer with the tax program you use or meet with the tax preparer. Either way, plan it and have all the necessary paperwork ready to go.