It’s Tax Time: Tax Preparation Toolkit


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Tax Preparation

Tax season has arrived. That means, you need to prepare your paperwork and e-file your tax return for 2015 incomes. You have until Apr. 18 to file and pay.

Here is a tax preparation toolkit that you will need to get ready for the taxes.

1. Efile Tax Preparation Software

The tax software market is dominated by Intuit TurboTax program, with H&R Block HRB a distant second. Both companies offer easy to use programs with a fair amount of explanation and produced identical results. The sites can even import W-2 information for you, although it is worth entering the information manually at least once so you understand what is there. It is eye opening to see just how much is withheld from your paycheck over the course of a year.

TurboTax Deluxe 2015
Efile-Tax-Preparation-Software
The well-known TurboTax software (Deluxe) provides an easy prep, print and file with walks through your return and double-checks as you go. It comes with 1 state download and it helps, you accurately value donated items
Amazon – $43.05Walmart – $43.05
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H&R Block 2015 Deluxe
H&R-Block-2015-Deluxe
The H&R Block 2015 Deluxe is similar to the TurboTax but it includes 5 Federal e-Files.
Amazon – $29.99Walmart – $26.19
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2. Printers

Here are a list of printers under $100, so you can print all the necessary documents you will need in the preparation process.
Canon PIXMA MX922 Wireless Office All-In-One Printer
businessglory---Canon-PIXMA-MX922-Wireless-printer
The all-in-one printers print, faxes, scans, copies. It also prints on discs with automatic document feeder and it has ethernet and Wi-Fi. The only con for this printer, it’s a little slow.

Amazon – $99.99BestBuy – $99.99
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Brother HL-L2340DW Compact Laser Printer
Brother HL-L2340DW Compact Laser Printer
This small size printer has suitable paper capacity for sharing in a micro office.It’s duplexer which means it can print two-sided. It has Wi-Fi. It’s a good pick for a micro office or a personal monochrome laser printer in any size office.
Amazon – $89.99BestBuy – $99.99
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Canon Monochrome Laser Printer
anon-PIXMA-MX922-Wireless-Office-All-In-One-Printer
The Canon Monochrome Laser Printer is fast, duplexer for two-sided printing and it’s small enough to share a desk with and use as a personal printer.
Amazon – $99.00BestBuy – $99.99
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3. Scanners

You will need scanners to scan all your documents and receipts. Here are under $100 scanners.

Brother DS-620 Mobile Color Page Scanner
Brother-DS-620-Mobile-Color-Page-Scanner
The Brother DS-620 Mobile Color Page Scanner comes with low cost. It’s highly portable and comes with capable document management software with built-in optical character recognition.
Amazon – $86.99BestBuy – $86.99
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Epson Photo and Document Scanner
Epson-Perfection-V19-Color-Photo-and-Document-Scanner
The Epson Photo and Document Scanner is high-quality photo scans with fully automatic mode for easy scanning. Scans to searchable PDF format.
Amazon – $69.99BestBuy -$69.99
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Fujitsu USB MOBILE SCANNER
Fujitsu-SCANSNAP-S1100i-CLR-600DP
The Fujitsu mobile scanner is portable document and business card scanner and it gets power over the USB connection. It’s easy to use.
Amazon – $96.00

4. Shredders

After preparing your taxes, you will probably have papers and documents printed more than you think, the best way to get ride of these documents is to use shredders, here are a list of under $100 list.

Amazon Basics 6-Sheet High-Security Micro-Cut Paper
AmazonBasics 6-Sheet High-Security
Amazon Basics 6-Sheet has a high security shred size of 5/32″ x 15/32″ (4 x 12mm) with security level P-4. Its capacity is a 4.1 gallon waste basket.
Amazon – $48.07

Bonsaii DocShred C560-D 6-Sheet Micro-Cut Paper Shredder
bonsaii-DocShred-C560-D-6-Sheet-Micro-Cut-Paper-Shredder
This Shredder had a micro-cut paper shredder with 6 sheets, shred size of 5/32 by 15/32 inches. Its capacity is 4 gallons wastebasket capacity. It has a convenient handle design for simple waste disposal

Amazon – $32.99

Aurora AS890C 8-Sheet Cross-Cut Paper/Credit Card Shredder
Aurora-AS890C-8-Sheaet-Cross-Cut-PaperCredit-Card-Shredder
Aurora Shredder crosscuts both papers and credit cards.It has 8-sheet capacity with 8.7-inch throat width

Amazon – $43.57

5. Manage your documents

To keep everything organized, here are a list of documents with organizers you will differently need.

Wilson Jones Round Ring View Binder
Wilson Jones Round Ring View Binder,
Amazon – $10.99

Case-it King Sized Zipper Binder
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Amazon – $28.72

Cardinal Round Ring View Binder
Cardinal-1-Inch,-Round-Ring-View-Binder
Amazon – $17.99

6. Extra help with Tax guides

If you need a guide and extra help to understand the tax preparation and submission process, here are a list of best selling books and guides.

J.K. Lasser’s Your Income Tax 2016
J.K.-Lassers-Your-Income-Tax-2016(
Bestselling tax reference J.K. Lasser’s Your Income Tax 2016. It has been trusted by taxpayers for over seventy-five years. It has over 2,500 tax-saving tips that maximize your return by making the most of available deductions, sheltering income, and more
Amazon – $16.98 (NEW) OR $13.50(USED)

QuickBooks 2016 For Dummies
quickBooks-2016-For-Dummies

The bestselling book makes it easy to keep your finances under control so you can concentrate on other aspects of your business.
Amazon – $19.69(NEW) or $14.56(USED)

Personal Finance For Dummies
Personal-Finance-For-Dummies
The bestselling book will help you to budget your funds successfully, rein in debt, and build a strong foundation for your future.
Amazon – $14.87

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