Tax appointments allow you to get your taxes handled by a trusted professional—learn what you need to bring.

Working with a tax preparation service can help you to get your taxes done correctly and on time, but that doesn’t mean that they do all the work. You will need to bring in plenty of information and documentation for your tax preparation to ensure that your tax expert can manage your taxes correctly. Read on to learn what you will need to take to your appointment.

What to Bring to Your Tax Appointment

Depending on your circumstances, you might find yourself bringing only a few pieces of documentation—or you might end up hauling in a small binder. The money you make, investments, and sources of income that you have can all have an impact on what you need to bring to your appointment. To ensure you have what you need, always ask your tax expert in advance.

Documents Verifying Income

Since taxes are entirely linked to income, proof of income is very important for individuals and business owners alike. Most people will bring general forms, like a W-2 from an employer or 1099 for a contract worker. The documents that you need can vary, so be sure to consider all of your revenue streams.

Personal Information

Any time that you file taxes, a fair bit of personal information is involved. You will need all of the essential personal details, including your social security number, full name, previous tax records, and marital status. Depending on your circumstances, you might have to provide proof of this information. 

Expenses Tracking

Both personal and business taxes can be dependent upon your expenses. Their influence is determined by your income and business-related expenses that qualify as deductions. For example, an individual who does rideshare programs must track spending related to their vehicle while on the clock. These kinds of expenses can apply whether you work for yourself or a company. Ask your tax expert if you have any additional questions relating to expenses.

Documents for Tax Deductions

As we move through life, we reach new circumstances that can offer additional tax breaks. These instances come with important documents, like mortgage interest statements, student loan interest statements, tuition documentation, and donations to tax-exempt organizations. Having these copies can ensure that you receive the proper deductions, which means you can ultimately end up owing less.

The Takeaway

If you are looking to ensure that you get the most deductions during this tax season, it can really benefit you to work with a professional. Fortunately, Denver tax preparation services can help you to sort your finances and receive every deduction that you are owed. Working with a professional can save time and money in the long run, which is why so many people are choosing to work with professionals. To learn more about what you need for your big tax appointment, don’t hesitate to contact your tax professional directly to find out what you should bring when you arrive.