How can I prepare for the tax season? Any input-

Don't accumulate further debts now. If you have a lot of holiday debts, then try to pay them off as soon as possible. Try to avoid using credit cards to pay your tax.

Know about the forms you have to submit. Gather all your financial papers. List your income and expenses. Check out the tax deductions.

You can take help of a tax consultant if you're filing for the first time, and know how it's done so that you can do it yourself from the next time.

Contact with a tax consultant if you want to do it easily. Or else, do your homework, list all of your income and expenses, and read out about the tax laws and deductions.

If you are doing it yourself, take an account of the tax law changes from the coming year. Gather knowledge from now on to plan your financial actions carefully.