There’s a good reason for Ben Franklin’s claim that there are only two absolutes in life: death and taxes. For most of us, there’s no getting around the yearly tax-filing obligation. Between a tax code that sees multiple changes every year, complicated forms to complete with perfect precision and loads of receipts and pay stubs to keep track of, it can all get overwhelming, and fast. On top of all that, there are scams that pop up each tax season. Then there’s the whole question of whether you’re withholding the right amount of money on your paychecks throughout the year.
Luckily, filing your taxes and keeping your information safe does not have to be stressful or challenging. To make it simple, we’ve compiled this handy guide to help you know more come tax time — from deciphering the various tax forms to learning how to spot a tax scam. Once you’ve learned about the tax-filing process and how to protect your information, following through on this newfound knowledge should be a fun challenge.
It’s time to take the headache out of tax season!