Answered: Every year at tax time, I realize I'm way behind. Does anyone have hacks or ideas to make things easier?

Wed, 26 Feb 2025 18:22:17 +0000

One thing I always advise is to try to set money aside regularly over the course of the year. Set up another account so the money you're going to owe in taxes isn't sitting in your operating account. It may not help with the paperwork around taxes, but at least you're not scrambling to make the payment.

As an added bonus, set aside more than you'll need for taxes. That way, you'll not only have the tax payment, you'll be creating your own funding that you can use in a pinch or to seize an unexpected opportunity.

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Answered: Every year at tax time, I realize I'm way behind. Does anyone have hacks or ideas to make things easier?