5 Tax Season Tips to Help Save Money and Time

| March 5, 2019

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It’s tax time! Filing taxes can be hectic and stressful. Between gathering the information you need for the tax return, capturing transactions and meeting deadlines, it can take a toll on your emotional and mental state. Not to mention, worrying about the amount of money you have to pay in taxes. To help ease the process, read these tax season tips to help you save money and time. 1. Use a Tax Software Program. A tax software program can help reduce stress while you file your taxes. These programs usually will require you to answer questions to ensure you are applying for any possible relevant credits. If math isn’t your strong suit, the programs can help you calculate while avoiding errors. Using a tax software program will help save money because you won’t have to hire an accountant. Unless, you have a complicated tax life such as being a business owner, it might be worth it to hire a professional. 2. Make an RRSP Contribution. Making a contribution to your Registered Retirement Savings Plan (RRSP) can not only help with retirement but can be deducted to reduce taxable income, lowering the amount of tax you have to pay.

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Direct General

Direct Auto & Life Insurance was founded under the belief that everyone should be able to get the coverage they need, the services they want, and the respect they deserve, regardless of their driving, insurance or credit history. Headquartered in Nashville, TN, Direct has rapidly expanded across the Southeast. Direct provides consumers with as variety of products and services, which include Auto and Life Insurance, Emergency Protection Plans and Roadside Assistance.

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