Advice for keeping the tax return preparation process simple and cost-effective.
Below are some tips to keep the process efficient and cost-effective on both sides.
Getting your data to your CPA early lets them work without the deadline pressure of Tax Day, meaning less chance for errors and more time to identify ways to minimize your tax bill.
Filling out forms is tedious, but these are designed to ensure you don't forget anything important.
If your summary doesn't match the original documentation, then your CPA needs to reconcile the differences, ultimately slowing the process and increasing your fee.
Try to send all your data to your CPA at once, rather than in pieces every week or two.
With a little planning, your HSA can do a lot more than fund short-term healthcare expenses.
What does 2022 have in store – and how should you plan for it? Our planning experts sat down with Strategas to discuss what to expect in the new year.