Home > Money Matters > After the Taxes Are Done….

After the Taxes Are Done….

 For the majority of us, taxes are over for another year. We’re breathing big sighs of relief. We’re figuring we can relax and forget about it for another year. But should we? 

Shouldn’t we be preparing now for next year? Shouldn’t we be turning over a new leaf and keeping better records? Shouldn’t we be looking at a good financial software program?

Do we have an efficient “To Do” list prepared to be sure we don’t miss crucial dates? Maybe you filed an extension. Do you have your new due date on your “to Do” list? Maybe you owed too much or received too great a refund and need to make an adjustment to your withholding. Is that on your “To Do” list?

My “To Do” list includes dates when I need to prepare and submit estimated tax payments as well as sales tax payments.  

Breathing a sigh of relief is great. Relaxing? That’s great too. But let’s not relax so much that we fail to cover all the bases!

Categories: Money Matters
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