Gen One Legacy

Manage Your Tax Anxiety and File Your Returns with Confidence


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Is tax anxiety causing you to wait until the last minute to file your tax returns? If so, then you’re in good company. 
According to one survey, over thirty percent of respondents said they waited until the tax filing deadline to prepare their returns last year.

Now, if you’re one of these individuals, there’s likely many reasons why you’ve chosen not to file your taxes yet.

Maybe you anticipate owing money to the government this year and you’re using every last moment to wait to pay Uncle Sam his owed money. Or, you might find the process to file your returns complicated and it just stresses you out. Or maybe, you haven’t found the time to sit down and complete your returns and you just need to put it on your to do list.

Whatever your case may be, you should know that the April 18 deadline to file your tax returns is just a few weeks away. And while it may seem like you have enough time to get the work done, in some instances, the longer you delay, the more it could cost you. 

Indeed, for many individuals, filing their taxes is just a process of sitting in front of your computer, entering their tax documents into planning software and either choosing how you want to receive your tax refund or cutting a check to the IRS. 

Now, the truth is that you can overcome the anxiety that comes with filing your returns by following a simple process to get the job done. Indeed, knowing what you should do before, during and after you file could give you the motivation to finally complete your returns sooner rather than later. 

That’s why in today’s episode, we’ll discuss how using a stepwise approach to navigating your returns process may help you reduce your anxiety levels and avoid some costly mistakes commonly associated with procrastination and avoidance this tax season.

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Gen One LegacyBy Peter Donisanu