10 Tips for an Easier Tax Season
Tax season is upon us. Even though the deadline is typically April 15th, you can make an effort to get everything done early this year to get it off your mind.
Here’s how you can make sure everything goes smoothly:
- Pick a work area. Make sure you have a lot of space.
- Sort everything into stacks. Group everything into categories and deal with one at a time.
- Consider getting help from an expert. Specialists or online services can make it easier, especially if you have a complex financial situation.
- Don’t freak out. You can file for an extension if need be, but you’ll be relieved to get it done on time (or early).
- Take deep breaths. If you are feeling overwhelmed or confused, it may be a sign that your body needs a moment to recenter and refocus. Try taking three deep breaths before resuming in order to restore a sense of calm.
- Reward yourself. Have a healthy, crunchy snack like carrots, whole-grain pretzels or grapes.
- Stay hydrated. Drinking water helps you stay energized and focused.
- Don’t forget to eat. Aim to eat at least once every five hours—if your blood sugar gets too low, concentrating may become difficult.
- Exercise. Whether it’s a walk around the block or a quick yoga session, getting your blood circulating will improve motivation and reduce stress.
- Make a money resolution. Turn your tax-time stress into a resolution to work on managing money and staying organized throughout the year. This will help future you feel less stressed in the next tax season.
If you’re looking for other ways to reduce financial stress this tax season, the Financial Dashboard can help. Access key spending information like deductibles, out-of-pocket costs, medical claims and more all in one secure place. Plus, get personalized tips on how you can save money.
You can also check out our incentives and discounts to find ways to save more on wellness and get rewarded for your health.
Sources:
https://www.healthline.com/health/stress/understanding-financial-stress-and-tools-to-help-you-cope
https://www.webmd.com/balance/stress-management/features/cope-tax-time-stress
