Friday, February 17, 2012

Flashback Friday: Tax day approaches!


In less than 2 months it will be Tax Day on April 15th. Have you even started gathering together your receipts yet? I spent quite a bit of time this past weekend working on updating all of my records. I was horribly behind in scanning my receipts into my software program. Once I completed that task and got to the nitty gritty of figuring deductions, my mouth dropped open when I learned how much I had spent in the past 6 months on getting my nonprofit off the ground. Holy cow do things add up quickly!

Are you aware of all of your deductions you can take that are directly related to your child's care,  like GFCF food, mileage to doctor's appointments, etc.? Do you volunteer for a nonprofit? You get to take that mileage, too! I know my volunteer mileage is at an all-time high!

I wrote a post last year about some great tools and tips for filing taxes when you have a child with autism or other special need. There are some great resources about deductions you should consider. Since tax time is getting closer, now is the perfect time to review some of this information. Maybe it will help you get a bigger refund!

Check out my post about tax deductions for autism!

  

6 comments:

1TootieFoodie said...

My husband is on the ball with this one. Thank goodness I don't have to do it!

AutismWonderland said...

Wow! This is great - I'm doing my taxes tomorrow. Absolutely passing this along :)

Becca said...

Thanks for reminding us. I forgot that i need to start before 1month of the filing date. I'm not good on organizing our tax.

Chelle said...

We finally gave in and went to a tax person last year, who told us we can still deduct our adult son because we are paying for his college. What a surprise that was!

I throw everything into a folder all year long and then organize it in an afternoon and now off to the accountant it will go. He was remarkably impressed with my system last year, so I went with the same one this year. Can't wait to find out how much of a refund we are getting!

Chelle
www.lifeonthedomesticfront.blogspot.com

Lizbeth said...

That is a good idea...I so have to mention this to my husband!

Angeline said...

It is indeed very important to always make a note of all your taxable assets and incomes. This will prevent you from getting any issues and problems when tax season arrives. I always have my lawyer to properly address all my tax concerns. irs form 2290

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