Arcadia Chamber of Commerce - The Connection to the Business Community

Prepare for Tax Season with a Few Practical Moves – Tips from Star Seven Financial Services

We hope your year is off to a strong start; as tax season approaches, a few simple steps can make the months ahead much smoother.

Practical tips:

Organize key documents early; W‑2s, 1099s, mortgage statements, charitable receipts, and investment summaries are easier to review when gathered in one place.
Review last year’s return to spot changes in income, deductions, or life events that may affect this year’s filing.
Track deductible expenses now so you’re not scrambling later, especially business mileage, home‑office costs, and professional fees.
Check your retirement contributions to ensure you’re maximizing tax‑advantaged opportunities before deadlines.
Plan for your refund or tax bill by aligning it with your broader financial goals, whether that’s debt reduction, savings, or investment.
Handle the organization and documentation monthly, if not weekly, rather than waiting until year‑end; it’s too easy to forget or lose track of tax‑deductible expenses.

If you want to review your financial strategy for 2026, we’re here to support you.