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What's Your Secret for Avoiding Tax Procrastination?

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Normally we wait until April to file our taxes. (Maybe it's no surprise considering we live in the place that ranked #1 on TurboTax's list of Top 10 Tax Procrastinating Cities.) This year, we finally got things under control and finished our taxes weeks ago. Our secret...

 
 

...was to enlist the help of an accountant who helps to keep us organized. If you don't need an accountant, but you do need some help, About.com has a useful list of categories for organizing your tax files as well as tips for preparing your own taxes.

We're wondering about the status of the AT crowd out there. Are you a tax procrastinator? Have you found your own secret to filing early? Share your tips and tricks in the comments below.

Photo: Home Offices from Homes & Gardens

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Comments (26)

Procrastinator: I keep telling my husband we need to get them done. Although we are too bad. We normally prepare our taxes at the end of March.

posted by RedMaiko on March 3rd 2009 at 12:58pm
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As an S-Corp, I'm supposed to file in 2 weeks and I still haven't called an accountant. How's that for procrastination?

(Thanks for freaking me out, by the way... I needed that.)

posted by modtramp on March 3rd 2009 at 1:00pm
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my secret was having a brother in law coming in to town that was going to do them for me.

However we owe them a good amount of money, so I am not happy about that.

posted by jmorey on March 3rd 2009 at 1:04pm
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I get a lot back every year, so I always do it as soon as possible.

posted by josie6 on March 3rd 2009 at 1:11pm
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My secret: buy a bottle of champagne, only to be uncorked when all filing is complete. Then celebrate!

posted by lizb on March 3rd 2009 at 1:14pm
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I did mine in February. I just dread the rush in April & I worry about forgetting or coming across a problem, so I do it early. It's always on my mind if I don't do it, so I'd rather feel the relief of having it done. But mine was really simple this year which may be the difference for procrastinators, so it was nice and fast and I used Turbo Tax which I liked better than having someone do it (save a lot of $ too). Of course, with everything else I'm a big-time procrastinator, go figure.

My mom has had to get hers done early the past 7 years so me and my sisters could fill out FAFSA.

posted by TrueTex on March 3rd 2009 at 1:15pm
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I'm still a student, and still get big refunds. My incentive to not procrastinate is getting my check in the mail, so I filed at the end of January and got my refund mid-February. Works every time!

posted by lostinprojection on March 3rd 2009 at 1:20pm
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I love doing my taxes (nerd alert!). I prepare them the minute I have all my tax documents, and if I get a refund, I file. If I owe money, I wait until the last minute to send them in. It's all about getting/keeping my money as long as I can!

posted by MCNicole on March 3rd 2009 at 1:34pm
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My only incentive is I usually get money back.

I also use an accountant because I am self employed and there is a lot to tackle and go over. She usually sends me an organizer and check list of stuff to bring to her to make things quick and painless.

posted by adamwa on March 3rd 2009 at 1:44pm
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Knowing I am getting a healthy refund is enough incentive to get them done as soon as I get all of my documents

posted by mpw on March 3rd 2009 at 1:47pm
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I get quite a bit back, so I always have the incentive of wanting the money...this year I treated myself to a nice couch. ;)

posted by Nevanna on March 3rd 2009 at 1:50pm
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I just think of the tax return, and boom! Done! ^_^

posted by shadowswimming on March 3rd 2009 at 1:57pm
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I'm always curious to know if I owe anything or not... and if putting some money into my IRA will help with anything. So I usually do my taxes as early as I can, assess the situation and see what I need to do (put some money aside for the IRA, save a bit of money to pay state taxes, etc.), and then file everything at the last minute.

Although this year, everything kind of worked itself out. My federal return is more than what I owe the state, so I filed federal and once I get that refund I can use it to pay the state. :)

posted by sparkle on March 3rd 2009 at 2:08pm
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If you're due a refund, don't stress. The Feds don't care if it's filed on time or not. They are happy to keep your money for as long as you like.

posted by nazrd on March 3rd 2009 at 2:28pm
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Schedule the appointment with the contractor for your latest home improvement project - that will force you to get your refund back quickly!

posted by casafroggy on March 3rd 2009 at 2:34pm
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I used to procrastinate when it came tax-time. My dad taught me how to do my own the old-school paper version way.

Now by doing them online, it does not seem like such a chore, and I do them as soon as I get my W-2s. Knowing you don't have to sit there with the endless piles of paper, reading the instructions, then reading the instructions for the instructions...ick. Go technology!

posted by hula1985 on March 3rd 2009 at 2:38pm
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I always wait until April unless I'm getting a refund and I need it early. I don't consider this procrastination ... if they're due in April, why do you have to do them sooner? I keep really organized records all in one file so on the day I do them it's just a matter of starting up turbotax and plugging in the info. Never takes longer than an hour or so for me.

posted by ridge_van_winkle on March 3rd 2009 at 2:41pm
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I was lucky enough to marry a woman who's father is a CPA. He gets extremely busy during tax season, so he stays on me the entire month of January. We should have our check back this week :)

posted by shofner on March 3rd 2009 at 2:43pm
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I have a CPA and I always withhold as much as possible. I'd rather have it in each paycheck than rely on the gov't for a refund.

posted by Seaside on March 3rd 2009 at 2:49pm
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paying someone a lot of money to do my taxes because they are complicated, I will owe money..pretty much what makes me wait til the last minuet.

posted by LoriSF on March 3rd 2009 at 2:55pm
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Laughing....! My first reaction to this post was: To hell with taxes, where can i find out more about that desk! It's gorgeous.

Huh? Procrastination? Whaddya mean?

posted by joathome on March 3rd 2009 at 2:57pm
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i embrace the procrastination, usually it gives me more time to raise the money to pay the hefty IRS bill.

posted by snowinla on March 3rd 2009 at 3:17pm
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An odious task, at best. Procrastination makes it even worse because you are living it in your thoughts until it is done. I've found the most stress reducing strategy is just to buckle down & do it.

posted by Fluffy2002 on March 3rd 2009 at 4:08pm
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Well, I usually get mine done by Oct 15.....

I must say, though, they don't occupy my thoughts much at all in those intervening months.

posted by kelleyk on March 3rd 2009 at 6:24pm
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I've done mine as soon as I get all my W2's and paper work. And I've already gotten my refund. Yay!

posted by sideproject on March 4th 2009 at 9:46am
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I used to file practically the minute I got the W-2 forms. (I would figure the taxes based on my last pay stub and wait impatiently for the W-2 to arrive to confirm and complete.) This year I mailed it today -- kind of not in the mood, plus my whole refund will go to credit card debt so the usual plan to do something fun with the refund doesn't play.

posted by SherryBinNH on March 4th 2009 at 4:42pm
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