CSB Blog

Tax Season Survival Guide

Tax season can be overwhelming, but when you prepare correctly, it can make the process smoother. Staying organized, seeking professional help, and being aware of potential scams will help you maximize your return and avoid stress.

1. Gather Your Documents

Be sure you have all your documents, including:

• W-2s (if you’re employed)
• 1099s (for contractors or investment income)
• Receipts for deductions
• Mortgage Interest Statements (if applicable)
• Last year’s tax return
• Social Security numbers

2. Decide How You’ll File

• DIY with tax software – for example: TurboTax, H&R Block, TaxAct to guide you.
• Hire a Professional – if you have complex taxes, hiring a tax preparer may be worth the cost.
• Use Free Filing Options – if your income is below a certain threshold, the IRS offers Free Filing Options. – IRS.gov/freefile

3. Know Your Deadlines

• April 15^th, 2025 – the filing deadline for most individuals.
• October 15^th, 2025 – extension deadline

4. Common Tax Scams to Look Out For

• IRS Impersonation Scams – the IRS will NEVER initiate contact via phone, email, or text.
• Phishing Emails – fraudulent emails often look official and ask for personal information. Don’t click on any links in an email that appears to be sent from the IRS or any web address you do not recognize.
• Fake Tax Preparers – some fraudsters pose as tax professionals to steal personal information.

5. File Early and Track Your Refund

Filing early may help you:

• Avoid last minute stress
• Prevent theft - scammers file before you do, so the earlier you file, the better
• Receive any refund sooner

Tax season does not have to be a nightmare. By staying organized, on time, and being alert, you can be on the right track! You can always consult with a Tax Professional with any questions or uncertainty you may have.

Clinton Savings Bank (CSB) is not a financial advisor. Please consult with a licensed professional who can provide advice tailored to your individual circumstances. While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed, professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, CSB disclaims any liability arising from the use or misuse of these materials and, by visiting this site, you agree to release CSB from any such liability. Do not rely upon the information provided in this content when making decisions regarding financial or legal matters without first consulting with a qualified, licensed professional.