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 The first step to managing your taxes is to keep track of all your income.  This includes any income you receive from your job, as well as any other sources of income such as investments or rental properties. You should also keep track of all your expenses, including receipts for things like business expenses, charitable donations, and medical expenses 

 Tax season can be a stressful time of year for many people. However, with a little bit of planning and organization, you can manage your taxes like a pro and avoid common tax mistakes.  You should keep track of all your expenses, including receipts for things like business expenses, charitable donations, and medical expenses 

Understanding tax deductions and credits is also important. Deductions and credits are ways to reduce the amount of taxes you owe. Deductions are expenses that you can subtract from your income, while credits are a dollar-for-dollar reduction in the amount of taxes you owe. Some common deductions and credits include mortgage interest, charitable donations, and education expenses.

To make filing your taxes easier, it's important to organize your tax documents and receipts. Keep all your tax documents in one place, such as a folder or a filing cabinet. Make sure to also keep all your receipts and other important documents, such as W-2s and 1099s. You can also use tax preparation software to help you organize your documents and file your taxes electronically.

 it's important to stay on top of tax deadlines and avoid penalties and fees. The deadline for filing your taxes is typically April 15th, but this can vary depending on your situation. Make sure to check with the IRS to find out when your taxes are due. If you're not able to file your taxes on time, you may be able to request an extension. However, keep in mind that an extension does not give you more time to pay any taxes you owe.

 Managing your taxes like a pro requires a little bit of planning and organization. By keeping track of all your income and expenses, understanding tax deductions and credits, organizing your tax documents, and staying on top of tax deadlines, you can avoid common tax mistakes and make tax season a little less stressful when using M.A.K.S. Monthly Account-Keeping System.