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New Year is around the corner; and in a jiffy, your tax season will be here too! All you need is a little knowledge and preparation to stay calm and composed when you file for the taxes next year. Whether you are electronically filing your returns or traditionally mailing your paper returns, the guide to personal income tax from the Department of Revenue can provide you with the necessary information. 4 THINGS YOU SHOULD START DOING RIGHT NOW TO WELCOME THE TAX SEASON STRESS-FREE HAVE EVERYTHING ORGANIZED: Collect all your records well in advance:  Do not start filing your return until you have all the necessary papers in hand, which include: Tax Identification Number or Social Security Number: you must have this number for everybody mentioned in your return. Salary/ income statements: Collect all the salary or income certificates before you start filing. Routing numbers: have this 9 digit code right on hand if you would like a direct deposit of the refund. See what

So, HOW CAN YOU PAY LESSER TAX AND SAVE MORE FOR YOUR RETIREMENT? Have you ever wondered about this? And then thought Super contributions could be the best way to start saving more for retirement rather than paying the humongous amount of tax. If you have not, think now! For , Super gives you incredible tax benefits. At some point in time, everyone would ask this one question to their accountant which is “How can I save tax?” And the practiced response they get is “Have you ever considered Super contributions?” Super contributions and Tax benefits: Super contributions provide you with some uber-cool tax benefits and the best part is your wealth remains undiminished. All you are doing with the super contribution is that you are diverting some of your capital to a super system where it is considered as an investment which can be enjoyed when you retire. Simply put, this contributed sum remains yours rather than the governments. What exactly is your tax benefit? Let’s s