What Does my Accountant Need at Tax Time?

How do I organize my tax documents for Eger CPA?

A how-to guide for being successful at tax time


Are you someone that gets really stressed out during tax time because you have tax documents all over the place?  By starting now, it can really shave off the time it takes to get your taxes completed.  There are many different ways to get organized and it is best to figure out which one works best for you.


We suggest having designated folders or a place at home to keep your important tax documents safe.  Divide the folders into categories such as income, charitable donations, business expenses if you own your own business, etc.  This will make it easier when you receive these documents that they have a special place to go and be safe until that next tax season.  You should start receiving documents by early February.

Here is a list of things to look out for within the first few months of 2015:

  • W-2’s
  • K-1: if you take part in an S Corp, trust, or partnership
  • 1098: mortgage interest payments
  • 1098-E: student loan interest amount
  • 1099: if you are an independent contractor
  • 1099-DIV: earnings from stocks and bonds
  • 1099-INT: interest income from accounts
  • 1099-R: if you’ve taken a distribution from your pension or retirement account
  • 1099-SSA: Social Security benefit statement

Make sure to save these documents and being them in when you are ready to start filling 2015 tax returns.


You also need to be keeping record of the deductable items and expenses you have had throughout the year in order to get deductions on your tax return.  We want you to pay less in taxes next year and I’m sure you do too.  Keep track of the documentation so we can get you a deduction that is worthwhile.

Here is a quick list of some things to think about and record for next tax season:

  • Charitable donations –if you give it, make sure you have documentation to prove it
  • Healthcare expenses – if they make up more than 10 percent of your AGI, you are able to deduct
  • Unreimbursed employee expenses—keep records of the expenses your job doesn’t reimburse you for
  • Mortgage and property taxes—on your personal home and/or any rentals
  • Business expenses—very important for you who own a business


We will soon be providing you with a Tax Organizer for your 2015 taxes.

Make sure that you fill that out completely before coming to see us. This will help you in making sure you have everything you need for tax time.  Also, if you are wondering what you need to bring to us in these upcoming months, this blog should help guide you.  As always, if there are any questions for us about any of this information or questions about taxes in general, please don’t hesitate to give us call.