• How to Prepare for Filing Your 2021 Taxes

    February 15, 2022
  • A woman sitting at her kitchen table and gathering tax forms to prepare for filing her 2021 taxes in Springfield, IL.

    Tax time can be both exciting and frustrating. While on one hand, you can’t wait to get your refund, there also comes a heap of unease in making sure you have everything to get your taxes filed right the first time. Thankfully, our tax experts at JLW Tax & Bookkeeping Services in Springfield, IL are here to help you prepare for filing your 2021 taxes. We’ve put together a short guide on what to prepare for to make your tax season as smooth as possible.

    Schedule With a Tax Professional

    While it may be tempting to learn how to use computer-generated tax filing systems that are in abundance nowadays, there are often hidden fees that are sprung on you at the last second and one mistake leads to having your taxes amended. Schedule your 2021 tax filing session with a professional accountant like ours at JLW Tax & Bookkeeping Services in Springfield, IL. We offer quality and affordable tax filing services to ensure that your tax season is completed as quickly and efficiently as possible. Don’t wait too long to schedule, give us a call today and have peace of mind in knowing that our accountants will take care of everything.

    A large pile of tax forms that need to be filled out to prepare for filing 2021 taxes by a professional accountant in Springfield, IL.Gather Your Documents

    Whether you are filing as a married couple, single individual, or small business owner, there are a variety of documents that you need to have set aside to properly file your 2021 taxes. The documents you will need to bring to your JLW Tax & Bookkeeping Services accountant in Springfield, IL varies on whether you own a house, have a job, have children, and even win some money gambling at some point throughout the year. To have the information needed to fill out these documents, make sure to hold onto any receipts that can be used as proof, and our accountants will take it from there.

    Get Your Receipts Together

    If you’re looking to make a series of deductions on your 2021 taxes, it’s important to have proof to ensure a larger refund. Everything from uncovered medical insurance costs, property taxes, investments, charity donations, and business expenses if you are a small business owner can be deducted from the money you may owe at the end of the year. At JLW Tax & Bookkeeping Services in Springfield, IL we work with our clients to ensure they have every receipt and form necessary for getting them the largest refund for their 2021 taxes. Schedule one of our professional tax services today!

    A person looking through a color-coded file system at a tax and bookkeeping firm in Springfield, IL.Keep Track of Your Personal Information

    This may seem like an easy one, but you wouldn’t be surprised how often clients forget to bring the basics to their tax filing. After gathering your important documents and receipts, make sure that you have the necessary personal information needed by our JLW Tax & Bookkeeping Services accountant. Driver’s license, social security card, addresses of homes and vacation properties, government assistance checks, and any information from the selling of a home are necessary for filing your 2021 taxes. Our accountants make sure to reach out to our clients before a scheduled service to ensure they have all of the personal information needed to have a smooth filing session. Reach out to us today at (217) 679-1872 to schedule your 2021 tax filing service!