Chapter 19: Taxes
When tax season comes around, you have two fundamental options: hire an accountant, or fire up Turbotax and do it all yourself. As is the case with most things, hiring an expert is definitely the best option if you can afford it. However, even if you do hire an accountant for your first year’s taxes, it’s important to understand what goes into filing your taxes, and how to maximize your deductions throughout the year. For those who want to brave Turbotax on your own, it’s actually an incredibly simple process as long as you’re not dealing with some weirdly complex tax situation. The process is built to be easy to understand, and you basically just click “next” while filling in boxes. However, before you get started, there’s a few things you need to get in order.