Will This Tax Season Cause Even More Stress Than Normal?

Will This Tax Season Cause Even More Stress Than Normal?

Will This Tax Season Cause Even More Stress Than Normal?

Life is full of stress. And tax season can be one of the most stressful times of the year. Plus, with the new tax changes this year, things could get even more complicated for many taxpayers. It’s enough to blow your mind and send you spiraling out of control. Well, hopefully it’s not that bad. 

But if you’re feeling the extra stress of the tax season, here are some tips to remember that should help you find some Zen. Tax stress doesn’t have to overcome you. Start by breathing. Now that you’ve caught your breath, it’s time to be proactive.  

Your first step is to gather all your tax papers: W2s, 1099s, etc. Look for any receipts and other important paperwork you might need. Once you’ve gathered everything, it’s time to start filing. If you still feel overwhelmed, then get some professional help.  

This tax season is different than any other tax season before it, because of the Tax Cut and Jobs Act. So this might be a good time to have a tax pro or accountant file your taxes for you. At GROCO, we take care of everything so you don’t have to worry. We make sure your taxes are done right and you get every possible deduction and credit. 

As a high net worth individual, you stand to gain a lot this tax season by having the pros do your taxes for you. So contact us for more help and leave the stress behind. 

 

We hope you found this article about “Will This Tax Season Cause Even More Stress Than Normal?” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

IRS Announces New Inflation Adjustments for 2017

  While the 2016 tax year is still not quite over, the IRS has already announced some important inflation adjustments for the 2017 tax year, which taxpayers will file for in 2018. While you might be more worried about your upcoming tax return, there are some important changes to know about. However, that being said,…

IRS Changes Deadlines for 1099 Forms

  It’s almost January. Are you ready for taxes? Of course, Form 1099s are an important part of any tax season, and this coming year will be no different. As a taxpayer, if you receive any kind of Form 1099 don’t ignore it. The IRS will get the same form and you will be held…

Which Stocks Stand to Gain From Trump Victory?

Which Stocks Stand to Gain From Trump Victory?

Which Stocks Stand to Gain From Trump Victory? News of Donald Trump’s victory on November 8th sent shockwaves around the world and initially sent the stock market down. However, the market has since stabilized and reports of a major decline have not panned out. Of course, the stock market is in constant flux and things…

Another Federal Tax Record Set in October

  As the year winds down and we look ahead to another tax season, the Federal Reserve is looking at another record tax collection in October. According to the latest numbers released in the Monthly Treasury Statement, October set an all time record high for the month, with $221,692,000,000 collected. What a great way to…