The clock is ticking and the tax deadline is coming up soon…have you taken care of your taxes yet? Whether you file them yourself or get them prepared by someone else, taxes can be a big source of stress for anyone. But, it can be easier!
Considering all the tasks a mom has to do, it may not be surprising that according to a new survey of 1,000 moms commissioned by H&R Block, two in five (42%) mothers feel overwhelmed during tax season. (Count me as part of that percentage!) In fact, one-third (33%) of mothers surveyed would rather watch their child’s favorite show on repeat for a week if it meant not having to prepare their tax return.
When it comes to the process of filing their taxes, 34% of moms consider potentially owing money on their tax return as the largest source of anxiety. Another big stressor was gathering the necessary documents (24% of moms stated this).
I actually just filed my taxes a few days ago (finally!) and found that the biggest hangup for me was finding a chunk of uninterrupted time where I could stay focused. It takes a lot of brainpower to think through everything and I’d rather not lose steam by fielding snack and screen time requests from my kiddos. (Thanks to Grandpa & Grandma for watching the kids for me!)
Lynn Ebel, Director at The Tax Institute at H&R Block, answered a few of Chrysa’s questions about the H&R Block survey results and solutions for busy moms that still need to file their taxes. Check out the video below for Chrysa’s interview with Lynn Ebel:
Ruth I says
Tax season, ugh. It requires a lot of time and focus. I know it really is not easy. Thank you for the tips!
Jennifer says
I am right in the middle of tax prep here and I am about to pull my hair out. I want to be finished already!
Sherry says
I’m in the percentage that needs to gather all of my tax documents before I even get started. I am dreading getting them done.
krystal says
This time of year is oh so stressful. I can’t wait until everything is filed and done!
Catalina says
Tax is a difficult argument for me. So I really need any tip to make it easier. Thanks for these helpful hacks!
Annemarie LeBlanc says
I guess I am fortunate to have an accountant in the family. My daughter and my sister can breeze through these tax documents like they were just doing the alphabet. I will share this post with my friends. The earlier we get this done, the less stress it will be.
Mama to 6 Blessings says
My husband typically does the taxes but he drags his feet. He still has not filed ours for this year! I wish I understood more on how to do them because I would do them myself.
Amy Desrosiers says
This year I really need to stay on top of my finances as they roll in. My expenses and income can pile up if I don’t take the time to properly log everything.
Jeanette says
This is all very good information. I’ve already done my taxes this year because I hate that stuff looming over my head LOL. I will have to keep this in mind for next year.
reesa says
These are great tips. I try to stay organized all year long to make it easier!
Brianne Tursi Manz says
This is great information! This time of year I get super busy with work. It’s good to have these tips handy for filing taxes.
Stacie says
I love this! I am all go all the time, and I don’t have time to get mired down in a bunch of confusing tax stuff. Knowlege is power!