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Use That Tax Day Stress! PDF Print E-mail
By Melissa Tosetti
 
I hope yesterday was painless for you, but from what I saw posted on Facebook, it was pretty ugly. 
 
You could pour yourself a drink and celebrate the fact that there are 364 days between now and the next Tax Day, or you could use the stress from yesterday to spur you into action to make next year so much easier.
 
Track Your Spending
April 15th is when tracking and categorizing your spending really pays off.  Using programs like Mint.com and Quicken will allow you to easily find out how much you spent on tax deductible items like  your car registration.
 
Set A Date
Did you wait until the last minute to do your taxes... again?  Set an appointment on your electronic calendar for February 1, 2015 that says "Do Taxes".  Include a note reminding you how much this year sucked because you waited until the last minute.  If that isn't enough incentive, be willing to bribe yourself with a reward such as, if you finish by February 7th, you'll take yourself out to dinner.
 
Adjust Your Withholdings 
If yesterday was painful because you had to pay, talk to an accountant to see what adjustments you can make to minimize or negate "the damage" for next year.  Even if you have to pay for one hour of their time, it will be worth it.  But do it now while it can still make a difference.  There are only 8 months left in this tax year!
 
As human beings, we're driven by two things - pain and pleasure.  Take yesterday's pain and use it as a catalyst to make next year, if not pleasurable, then much more tolerable.
 
 
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