Tax season has finally come to a close, and we know you’re excited to hit that “submit” button and forget all about it. But wait—before you sit back and relax (or throw out your computer), there are a few final steps to ensure everything goes smoothly. Here are three actions you can take now to make life simpler.
Prepare for Next Year
Tax season is the perfect opportunity to reflect and make improvements for the future. Did you owe money or get a hefty refund this year? Then it might be time to reassess your tax withholdings. If you’re self-employed, consider setting up estimated tax payments to avoid penalties down the road. Early planning can maximize deductions and minimize your liability. Future you, who’ll inevitably be dealing with 2025 taxes, will look back with appreciation.
Organize Your Tax Documents
Think of this as a post-tax season spring cleaning! Safeguard all your important documents like W-2s, 1099s, and any supporting schedules. Choose a secure and organized storage solution that suits you—whether it’s a neat digital folder on your computer or a physical filing system. Organized records mean you’re ready if the IRS comes knocking, and they can also help with future financial planning.
Confirm Your Filing Status
You’ve filed, but has the IRS received your return? Verifying this now can prevent unpleasant surprises later. Use the IRS “Where’s My Refund” tool to check on the status of your return or simply check your e-filing confirmation email. Staying informed gives you one less thing to worry about.
Don’t forget to take a moment to celebrate—you’ve earned it! Here’s to a hassle-free tax season and the excitement of what’s to come.