Your 2024 Tax Checklist

Written by Charese Chambers

Hello, fellow tax warriors! It’s that time of year again when numbers dance in your dreams, and tax forms multiply like rabbits. But fear not! With a bit of planning and organization, you can breeze through tax season like a pro.

Start Early & Get Organized

The key to reducing stress during tax season is to start organizing your tax information as early as possible. A well-structured tax organizer includes all your relevant details—personal info, income, deductions, and more. Use last year’s tax return as a guide to prepare for 2024. Remember, being organized is half the battle won!

Mark Those Dates

Avoid the last-minute scramble by marking all important tax deadlines on your calendar. Here are a few crucial ones to remember:

• January 15th: Final installment of 2024 estimated tax due.
• April 15th: Form 1040 due for individual taxpayers.
• June 16th: Second installment of 2025 estimated income taxes due.
• October 15th: Extended Form 1040 due for individual taxpayers.

Missing deadlines can lead to penalties, so keep those dates in check!

Avoid Common Mistakes

Don’t let simple errors delay your tax return processing. Double-check your social security number, ensure all income is reported, and don’t overlook potential tax credits. Collaborating with a tax professional can help you navigate these pitfalls and maximize your deductions.

Work with a Professional

Consider enlisting the help of a tax professional to ensure your taxes are in tip-top shape. Whether it’s getting your books tax-ready or developing strategies to lower liabilities, a professional can provide invaluable assistance.

Connect with Us!

I’m dedicated to helping small business owners gain financial clarity and confidence. Whether it’s through bookkeeping, operational streamlining, or tax strategy development, my goal is to empower entrepreneurs to focus on what they do best—growing their business.

Remember, a stress-free tax season is possible with the right preparation and support. You’ve got this!

Schedule your appointmentIf you want the full checklist to make sure you are ready for 2025 – download your free copy