Tax Season Stress Management Tips

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Tax Season Stress Management Tips

Yes, it's that time of year again. Tax season is upon us and many of us are experiencing a high level of stress during this time of year as a result. While filing taxes will be stressful either way, there are definitely things you can do to make this time a little easier for yourself. Here are our tips to tackling your taxes this year.

Use a Tax Preparer or Software

If you have a lot of anxiety around the math portion of filing, do yourself a favor and hire a preparer or buy a software. Yes, it will cost you a bit of money, but that's definitely worth not needing to stress about your tax calculations. Tax codes change often and are confusing for a reason. If you know that's not your area of strength, do yourself a favor and invest in something like this. 

File Early

Don't wait until the day of the deadline to file; procrastination leaves no room for error and will also increase your anxiety. If you haven't already, set aside time as soon as you can and get them filed sooner rather than later. 

Learn Better Habits

If you experienced a lot of headaches while filing because you didn't track your expenses carefully, let this experience help you grow into better financial habits. Start tracking your spending and expenditures more carefully. April is tax month, but it's also Financial Literacy Month. Dedicate yourself to improving your financial health and develop better money habits so that unexpected incidentals, especially during tax season, don't impact you as harshly. 

Get an IRS Payment Plan

If your stress right now is related to the fact that you can't pay what you owe by the deadline, don't fret. The IRS offers three payment plan options that extend your deadline for repayment. You have to meet the eligibility criteria, but if you do, these options can afford you a lot more time to pay what you owe. Be aware that two of the three options come with interest penalties. Read each option and timeline carefully to see what works best for your circumstance. 

Written by Josh Elledge - CEO, UpMyInfluence

Josh Elledge is U.S. Navy veteran and launched UpMyInfluence to help entrepreneurs like himself attract the perfect audiences and grow their authority and influence. While growing their better-than-PR agency, UpMyInfluence discovered that building 7-figure B2B Sales Systems (with zero paid advertising) for agencies, consultants, coaches, and other high-ticket B2B service providers is actually what they do better than anyone else on the planet.

UpMyInfluence was the natural outgrowth of his first startup, which has grossed more than $6 million in sales with zero paid ads. He did it all through building authority and serving audiences in the media.

Josh is a weekly TV consumer expert in Orlando, writes a syndicated newspaper column to 1.1 million readers, and regularly appears on more than 75 TV stations across the country. All told, Josh has appeared in the media more than 2500 times.

Josh loves living in Orlando, FL with his wife and three children.


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