Essential Documents to Bring to Your Tax Preparer

Essential Documents to Bring to Your Tax Preparer

As the end of the year draws closer, it’s smart to start thinking about processing your taxes. Although the tax deadline is still several months away, the sooner you get your return filed the more time you’ll have to spend on more important matters.

Fortunately, there are many tax accounting firms in Texas such as KF Tax & Accounting, P.C. that offer tax preparation services.

Likewise, here are the essential documents you need to bring to your tax preparer:

  • Identification information
    When it comes to tax filing, your tax preparer will require access to documents that can be used to verify your identity, such as your social security card. This includes a second proof of identification, such as your driver’s license or any state-issued ID with a photo.
  • Proof of income and expenses
    Before seeking tax services in Round Rock, Texas make sure to bring documents that provide proof of income. This includes self-employment income, income from an employer, rental income, social security benefits, and more. Proof of expenses on the other hand includes self-employment expenses, business and education expenses, medical expenses, and similar.
  • Wage statements
    As an employee, you will receive a Form W-2 wage and tax statement which you need to bring to your tax preparer. Form 1099-MISC is the equivalent for non-employees, such as freelancers and independent contractors.
  • Recent tax return
    Although your tax deduction may differ the previous year, it’s still essential to bring your most recent tax return. This provides your tax preparer with vital information to calculate deductions and discuss discrepancies if there are any.

Want to get a head start on your tax return? If so, consider hiring accounting and bookkeeping services to streamline the process. Browse our site or call us to learn how.

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