Lots of people are feeling a bit stressed as April 15th draws near.
Here are some tips to help everyone cope with the stress:
- Work on taxes a bit at a time. Sometimes taking small bites is better than one gigantic indulgence
- Let the kids know that you are working on something important and ask for their help in playing or reading quietly so you can get your project finished
- It might be useful to show the kids the tax forms. Even young children can easily see that there is a lot to fill out.
- If you tend to put off taxes because you feel disorganized, create a filing system that can help you next time around. Even something as simple as a file per month can make a big difference
- If you are getting a refund, talk about the refund with the family. Decide together how much to save and how much to spend.
- If you have to pay: Consider cutting back on extras until the taxes are paid.
Good luck getting this chore done. And, if you use a CPA, consider sending them a "thank you" card for having the patience to deal with all those rules and regulations.
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