Money Matters: How to handle the pressure of tax season

Living808

This year’s tax deadline is Tuesday, April 17.

With less than a month to file your taxes, it’s time to start getting all those important documents together.

Just getting started can be overwhelming, so HawaiiUSA Federal Credit Union is offering tips on how to handle the pressure while saving money and time.

1. Can you do your taxes yourself or should you hire someone? To find a reputable tax preparer, check with friends and family, the Hawaii Better Business Bureau, and the state Department of Commerce and Consumer Affairs.

2. Gather all your tax documents. When you receive tax documents in the mail, put them in a safe place right away. Many places will also allow you to download your tax documents online.

3. Did anything big happen to you in the past year? Did you get married, change your job, or move? Note these changes, as they could affect your taxes.

4. If you deliver your tax documents to a professional preparer, make sure they are being kept in a safe, secure place.

Hawaii VITA (Volunteer Income Tax Assistance) will help qualified residents prepare their taxes for free.

Click here for more information.

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