Saturday, April 14, 2012

How To Cope with Tax-Time Stress

OK.  For a healthy heart you need to handle stress!  And at this time of the year - April 15 means TAX TIME!!!!!  Are you done yet?

Check ou the article - Web MD - How to Cope with Tax-Time Stress!

The hints from Web MD?


Herewith, a few tips for stressed-out taxpayers:
  • To avoid last-minute stress, file early and break up the job into little pieces, Mellan suggests. Do your taxes while listening to music or whatever else makes you feel relaxed.
  • For filers with math anxiety, Mellan recommends hiring a preparer or investing in tax software. Tax software typically collects information through an "interview" and the computer does all the calculations.
  • Fractious couples should strategize on ways to avoid chronic money fights, Mellan says. For example, try communicating financial information through notes or other modes that won't carry an accusatory tone.
  • McCall suggests channeling tax-time stress into a resolution to track your finances more carefully. Better money management is the best way to avoid unpleasant surprises each year, she says.
  • Finally, if you're feeling overwhelmed, you can turn to your buddies at the IRS. Options include filing an extension or setting up an installment plan for tax payment. For more details, visit the IRS website at www.irs.gov.

What do you think?


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