Wednesday, April 3, 2013

Dum Dum Dum!!! The Tax Filing Deadline is coming soon!

As a blogger, I know how much of a pain and stress filing taxes can be! There is so much to remember, so much to save, so much to be accountable for... Just thinking about everything makes my head almost explode. Personally, my family uses a tax accountant to do our taxes. However, in this new digital age many people are opting for using online resources to save money and time.

If you're one of those people then you might want to check out these tips from Master Lock on how to keep the process organized and quick.


1. Request electronic copies of your tax forms. Many employers offer employees the option to receive their W-2 forms electronically, instead of by mail. By eliminating the risk of postal delays or missed deliveries, this ensures that your W-2 will be delivered securely as soon as it is available. Plus, faster W-2s can mean faster tax returns.


2. Securely store documents online. Avoid the mess of a mound of paperwork by storing – and organizing – all of your tax-related documents online. By utilizing a free, secure service such as the Master Lock Vault (www.masterlockvault.com) you’ll have easy access to all of your files wherever you are and help ensure that none of your paper documents will ever be lost, misplaced, stolen or damaged. Not only can you upload PDF forms, but you can upload photos from your phone of important receipts and expenses for your records. All data is instantly synchronized between the website and the App.  Bonus: securely store log-in information for your bank accounts and tax filing site in the Vault so you’ll never have to worry about forgetting your username or password.

3. Think taxes year-round. Don’t wait until you’re ready to file your taxes to start collecting and organizing the supporting documents you’ll need to complete your return. Avoid the scramble by capturing and uploading a digital image of your receipt each time you pay the babysitter or have a tax deductible transaction, fill a prescription at the pharmacy, or make a charitable contribution such as dropping off a clothing donation to your local thrift store.

4. Opt for direct deposit. If you’ve done everything else online, why request a hard-copy check when it comes time to claim your refund? When combined with electronic filing, direct deposit is the fastest way to get your refund. If you’re on the other side of the spectrum and find that you owe taxes, opt to pay online and you can avoid the long tax-season lines at the post office.

5. Call for help. Sometimes, outside advice is necessary, and you can now get the help you need without leaving home. Based on the complexity of your question, there are a variety of resources to turn to. For example, the IRS offers a toll-free hotline for tax questions during weekdays. Several tax-prep software providers also offer guidance via online forums or on their social media feeds.


And here's a bonus! Right now Master Lock is hosting the "Tax Relief Rewards" sweepstakes. That's right, just by signing up with Master Lock Vault you will have the chance to win $1000 to supplement your tax refund or help pay some bills! To enter just head on over to  www.masterlock.com/tax_relief or www.MasterLockVault.com , sign up and then look for the email with the sweepstakes registration form. There is one entry per person until April 15. 5 lucky winners will be randomly drawn and notified after April 15. 

Finally, stay tuned for my review of the 7148D Master Lock storage security box!! 


Disclosure: This information and the product item were provided to me at no charge by Master Lock. All ideas and opinions expressed are my own. 

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