Business checklists and personal tax organizers have been sent out for the 2015 tax year. If you would like Falco Sult to prepare your tax return, and you did not receive one or both of these tools for compiling your tax information, please contact us and we’ll get you what you need.

Here are some tips for organizing your information that will help get your return filed and your refund in your bank account as soon as possible.

  • Use the tools. Using a checklist for your business tax information or filling out a tax organizer for your personal return means you are more likely to provide your tax preparer with all of the information necessary to complete your return up front. This cuts down on fees and delays related to following up on missing items. “The biggest time saver for me is when the client goes through and completes the organizer and answers the questions. Even if they put ‘see supporting docs’, I find it helpful,” says Ricky Waldmann, CPA and Supervisor at Falco Sult.
  • Use paper clips, rather than staples. Most of your tax information is going to be scanned once it is received. You can help make sure your return is prepared more quickly by removing staples and using paper clips instead.
  • Make sure your totals match the documents. If you are going to summarize expenses or charitable contributions on your organizer, it is helpful for you note whether or not that total includes all of the supporting documentation you are providing with your organizer, or if it is supplemental information. Your return can be completed much more quickly when your totals match the information provided.
  • Report all estimated tax payment information to your tax preparer. Due to the number of tax-related identity theft cases, the IRS is now delaying refunds in instances where they suspect even the slightest hint of fraud. Be sure you report any estimated tax payments, or other tax liability payments, to your accountant in order to be sure it gets reported on your return.

Organizing your information in a clear and complete way helps us prepare your tax return as efficiently as possible. If you would like to make an appointment to discuss your 2015 tax return, please contact us and we’ll be happy to help.