Have you started preparing your income tax return yet? There's still plenty of time before this year's April 18 deadline, but for those of you who have received all your tax forms in the mail and want to get this dreaded chore over with, my latest Investopedia article, The Ultimate Tax-Time Checklist, will guide you through the process.
Personally, I like to do a trial run and prepare my taxes early to figure out what information I might be missing or questioning the accuracy of. Since I own a house and a business, there are lots of details to attend to. Starting early gives me plenty of time to straighten out any problems. It also lets me know ahead of time how much I might owe so I'm not caught off guard come April.