March is often considered the “crunch time” for tax preparation. This is when any missing documents and forms should be tracked down and provided to your tax preparer ahead of the April filing deadline.
Prepare for Filing
If you plan to use a tax software program, review the requirements so you have everything you need before you begin the filing process.
Contribute to an IRA and Boost Emergency Fund Savings
March is an excellent time to contribute to an IRA or Roth IRA for the previous tax year. You may contribute up until the tax deadline.
Useful IRS Resources
Additional IRS information can be found at:
• https://www.irs.gov/newsroom/new-law-provides-additional-flexibility-for-health-fsas-and-dependent-care-assistance-programs
• https://www.irs.gov/newsroom
Share this story
