8 Last Minute Tax Tips to Help You File Before the Tax Deadline


There’s just about two weeks left in the tax season and according to the IRS a majority of taxpayers have already filed their taxes and as of the IRS latest report about 79% have already received a tax refund close to $3,000. With that big tax refund it’s no wonder the majority of taxpayers have already filed.

If you still have not filed, don’t worry there is still time and Oak Tree can help you with these 8 last minute tax tips to get you to the finish line.

1) Gather your documents in one place: When you come in to file your taxes make sure you have all the necessary documents like W-2s, 1099s, receipts for expenses, mortgage interest, and your kids’ social security numbers in front of you.

2) Call in to Make an Appointment or E-Mail all of your Documents. We make it easy to e-file your taxes online in the convenience of your own home.

3) E-file with direct deposit. If you are expecting a tax refund, e-file with direct deposit is easy, secure and the fastest way to get your federal tax refund. Nine out of 10 tax refunds are issued within 21 days or less, compared to six to eight weeks for paper-filed tax returns.

4) Double-check important information. According to the IRS, one of the top mistakes taxpayers make when rushing to meet the tax deadline is gathering incorrect Social Security numbers for their children and spouses.

Make sure you have the correct Social Security numbers when you prepare your taxes. Correct Social Security numbers are required to get valuable tax deductions, credits and exemptions.

5) Don’t forget what you did last year. The IRS reports that the majority of taxpayers – about 75 percent – take the easy way out and take the standard deduction, but including a few additional receipts may push you over the standard deduction, lowering your tax liability.

Don’t forget about the money you shelled out for expenses like previous state tax liability paid, job search expenses, summer day camp—even the cost of moving a pet may save you money on taxes.

Remember to include charitable contributions made throughout the year (i.e. donated clothing, household goods and even mileage to and from charitable events).

6) Don’t wait for Form 1095-B or 1095-C. If you have employer provided insurance, private insurance, Medicaid, or Medicare you may be waiting for Form 1095-B or C, but there is no need to wait. Per the IRS you do not need to file these forms with your taxes. They are for information only so go ahead and file!

7) File even if you owe. Remember going on extension only extends the time to file your taxes, but if you owe you are still required to pay what you owe. Even if you owe money, you can ask the IRS for an installment agreement when you file your taxes. The installment agreement will allow you to pay your tax debt over six years.

8) You are not alone. We are here to help... you can call or email us anytime if you have questions.

Featured Posts
Recent Posts
Follow Us
Search By Tags
  • Facebook Classic
  • Twitter Classic
  • Google Classic
Follow US

9457 Cedar Glen PL

Rancho Cucamonga, ca 91730
Oaktreeservices627@yahoo.com

Tel: 626-967-5512

2nd Tel: 909-360-1003

Fax: 626-858-4637

  • Wix Facebook page
  • Yelp-App.jpg

Find us

© by Oaktree Services,LLC