Time to Prepare for Tax Season

Tax season is about to begin and that means it's time to gather up last year's paperwork.

Experts say the most common items you'll need are W-2's, as well as 10-99's for stocks, retirement and social security.

If you plan on making deductions, make sure you have a copy of receipts.

Tax preparers say the sooner you file the better.

“Start filing in a few weeks and it's important to get things together so that way you're not waiting for until the deadline. I would suggest creating a tax file for all your documents and put them in one file,” said Justin Dansby of McDaniel and Associates.

Tax season opens January 31st.

It starts later this year because of last year's government shutdown.

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