Organizing your tax records is the first step to getting ready to prepare and file your 2020 tax return. Keeping all of your essential records (i.e. W-2s, 1099s, receipts, canceled checks and other tax support documents) together in one area will help you to be better organized when preparing your returns or sending them to your accountant.
The moral of this story is be organized and prepared for the 2020 tax season!
For tips on how to be organized and prepared for this new tax season, please click here .
Source: Internal Revenue Service