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Tax filing tips to keep in mind.(Brief article)

Executive's Tax & Management Report

| February 01, 2008 | COPYRIGHT 2008 CCH, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Procrastinators, beware.

Waiting until mid-April to file your federal income tax return not only increases the potential for mistakes made in haste but also delays your receipt of a refund, if you' re eligible for one.

The IRS has released a list of seven tips to help you get a jumpstart on your taxes:

1. Gather your records in advance. Check to be sure that you have all the records you need, such as forms W-2 and 1099. Make a copy of your records for your files.

2. Get the right forms. Tax forms are available on the IRS Web site (IRS.gov).

3. Take your time. Take a break while completing your tax return. If you rush through it, you might make a mistake.

4. Double-check your math and ...

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