8 Steps to Reduce Tax Filing Stress

8 Steps to Reduce Tax Filing Stress

The American Psychologist Association revealed that 71 percent of Americans say money is the cause of the most stress in their life. That’s no surprise since over two-thirds of Americans live paycheck to paycheck. For many Americans, tax season is a time to celebrate — it feels like a windfall, and vacations are even planned around this “bonus money.” Of course, any refunds aren’t a bonus at all, but rather, Uncle Sam simply returning the interest-free loan taxpayers lent him for the past year. The goal of tax season is to break even. You’re doing tax season right if you don’t owe. However, many Americans find themselves owing taxes year after year, unable to get that balance right. For this slice of the demographics, tax season is a time to dread and the peak of financial stress. If you fall into the latter camp, here are a few ways to ease stress in April:

Tips for A Successful Busy Season

Tips for A Successful Busy Season

The time has come, the IRS said. It's officially busy season and this season is expected to be full of excitement given the interesting year we had in 2020. Busy season is a time, in public accounting specifically, when both auditors and tax accountants work extremely long hours (yes longer than the long hours worked outside of busy season). It can be normal to feel burned out, depressed, anxious, frustrated, and other waves of emotion during busy season. It does not have to be the worst time ever, though. This is why I am sharing my tips for surviving busy season.

Choosing Between Audit and Tax

Choosing Between Audit and Tax

The time has come for career fairs, conferences, mock interviews, and all things job hunting. If you are looking to secure a role in public accounting, you will undoubtedly be asked if you prefer to work in audit or tax. Knowing your preference is going to be very important in this process. Often students will answer "either one is fine", believing this increases their shot at securing a position. This actually does the opposite. When recruiters do not know where to place you, your resume goes into the "nope" folder. The same can be said for office location but we can save general tips for another video. For now, let's focus on deciding between a role in audit or tax.

10 Grown Up Ways to Spend Your Tax Refund

10 Grown Up Ways to Spend Your Tax Refund

At last, tax season is upon us and for those receiving refunds, now is the time to live in the lap of luxury, right? Wrong, 2020 is all about making boss moves and stepping into our greatness. While nothing says greatness like a new designer handbag we can't truly afford, I have another idea for how to spend that refund. Today I am going over ten grown up ways to spend your tax refund.