As the year comes to a close, here are some steps you can take in December to make sure you’re ready for the upcoming tax season:

Organize Your Records:

Many tax deductions and credits require written documentation. …

The IRS offers a variety of tax credits to people who invest in home improvements that significantly reduce energy usage. These nonrefundable credits may total up to $3,200 for a particular year. A maximum credit …

December

Day

10
Employees Who Work for Tips – If you received $20 or more in tips during November, report them to your employer. You can use Form 4070.

16
Nonpayroll withholding – If the monthly deposit rule applies, deposit …