--- title: 10 smart moves to make after filing your taxes description: Here are 10 steps you can take in the days after you’ve filed your taxes to make next year’s tax season less stressful. Yes, you can make it less stressful. image: https://go.hfcu.org/hubfs/Organize-paperwork.jpg --- [![MoneyWisdom_HFCU_r2](https://go.hfcu.org/hs-fs/hubfs/MoneyWisdom_HFCU_r2.png?width=464&name=MoneyWisdom_HFCU_r2.png "MoneyWisdom_HFCU_r2")](https://go.hfcu.org/blog) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) - [Auto](https://go.hfcu.org/blog/topic/auto) - [Business](https://go.hfcu.org/blog/topic/business) - [Credit Score](https://go.hfcu.org/blog/topic/credit-score) - [Home](https://go.hfcu.org/blog/topic/home) - [Credit Cards](https://go.hfcu.org/blog/topic/credit-cards) - [Life Changes](https://go.hfcu.org/blog/topic/life-changes) - [Insurance](https://go.hfcu.org/blog/topic/insurance) - [Investments](https://go.hfcu.org/blog/topic/investments) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - 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I was always making a vow that next year’s tax season would go easier because *this* year was the year I’d get my tax act together. But then, you know…life. The next thing, it was the following April and there I was again, tearing around the house like a whirling dervish, frantically looking for a wayward 1099. It struck me a few years ago: the best time to prepare for next year’s season? The days *after* tax returns are due, when my head is in the game and I’ve got taxes on my mind. Here are 10 steps you can take in the days after you’ve filed your taxes to make next year’s tax season less stressful: 1. **At the very least, get a fresh folder and label it “[upcoming tax year] Income Taxes.”** For example, if you just filed your 2018 taxes, label your new folder “2019 Income Taxes.” 2. **Print out two copies of the return you just filed — one for this year’s file and another to stick in the file you just created for reference.** This way you don’t have to dig around in your files to see what you did in the previous year – you’ll have the data you need at your fingertips. 3. **Check to see when paperwork or payments will be due over the next year and mark them down in your calendar.** This includes estimated quarterly tax payments, tax filing extensions, corporate and partnership filing deadlines, sales tax payments, and W2/1099 filings. 4. **Correct any reporting errors you found in this year’s taxes.** For example, I received a 1099 from a publisher who reported the income on my social security number and not the Employer Identification Number (EIN) belonging to the business I have with my co-author. This meant I had pay tax on income that was only half mine. I got proactive and asked the publisher to change the number in their system before I forgot about the issue. 5. **Think about where you could improve with next year’s taxes while the struggle is fresh on your mind.** Maybe your receipt organization could use some work, or you didn’t track your mileage efficiently, or you missed paying quarterlies, which cost you money in penalties. Look for ways you can improve in these areas. (See my next tip!) 6. **Look for ways to make tax prep fun.** I’m an advocate of making heinous tasks as enjoyable as they can possibly be. For example, I struggle at keeping small bits of paper organized, but since I love using the camera feature on my phone/iPad, it makes keeping track of receipts and charity donations a snap (pun intended) throughout the year. 7. **If you use an accountant, ask for a postmortem on your tax prep.** Where did you do well? What could you improve moving forward? Don’t be shy about asking for their advice on how to improve. Believe me, they’ll be happy to give you advice because it’ll make their jobs easier next April. 8. **If you know you have to pay taxes throughout the year (for example, estimated quarterly taxes) consider opening up a separate share draft account to save for the expense.** You could even open up [a Your Way savings account](https://www.hfcu.org/bank/checking-accounts/your-way-accounts_and_services.html) to cover next year’s estimated quarterly payments…now *that’s* forward thinking! 9. **Schedule a day once a month to update your personal bookkeeping.** I always pick the 15th because, well, April 15th. I balance accounts, assign tax categories to expenses made over the last 30 days, and file tax-related paperwork that comes during the year in my folder. This way I don’t have a year’s worth of bookkeeping to do before turning my attention to, ugh, taxes. 10. **Set up a reminder to buy tax prep software as soon as it’s released, anywhere from mid- to late- November instead of waiting till last minute.** Consider the purchase a holiday gift for your sanity. Do you have any tips to make next year’s tax season go smoother? We’d love to hear them! Share your best advice in the comments below!   *Subscribe to our financial education MoneyWisdom blog and get tips on making the most of your money!* [![Subscribe to the MoneyWisdom Blog](https://no-cache.hubspot.com/cta/default/118438/37dce13d-86b4-4a65-abff-d0010837e64b.png)](https://cta-redirect.hubspot.com/cta/redirect/118438/37dce13d-86b4-4a65-abff-d0010837e64b)   *Others are reading:* - *[10 great ways to spend a tax refund](https://go.hfcu.org/blog/tax-refund)* - *[Enjoy a faster tax return with Payday Perqs](https://go.hfcu.org/blog/enjoy-a-faster-tax-return-with-payday-perqs)* - *[Is your retirement income taxable? It depends...](https://go.hfcu.org/blog/is-your-retirement-income-taxable-it-depends-)* - *[Tax time: 4 steps to organize before you begin](https://go.hfcu.org/blog/tax-time-4-steps-to-organize-before-you-begin)* - *[How to get an IRS tax lien off your credit report](https://go.hfcu.org/blog/how-to-get-an-irs-tax-lien-off-your-credit-report)*   ** [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) [** What happens to your money when you die? ](https://go.hfcu.org/blog/what-happens-to-your-money-when-you-die) [** What is a Totten Trust? ](https://go.hfcu.org/blog/what-is-a-totten-trust) ### About Author ![Hanscom Federal Credit Union](https://go.hfcu.org/hubfs/HFCU-Profile-1000x1000.jpg) Hanscom Federal Credit Union Hanscom Federal Credit Union, a purpose-driven $1.9 billion organization based in Littleton, MA, empowers its members to achieve financial wellness. Hanscom FCU serves over 95,000 members across the country and overseas through 16 branches, over 100,000 surcharge-free ATMs, 5,000 contact centers, and a web-based branch. 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Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://X.com/HanscomFCU The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.instagram.com/hanscomfcu/ The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.linkedin.com/company/hanscomfcu/ The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. 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Moreover, Hanscom Federal Credit Union's privacy policies do not apply to any of the linked websites within this blog. Please consult the privacy disclosures on those linked sites for further information. ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Hanscom Federal Credit Union" }, "dateModified" : "January 31, 2024, 6:47:25 PM", "datePublished" : "2018-04-23 13:22:34", "description" : "Here are 10 steps you can take in the days after you’ve filed your taxes to make next year’s tax season less stressful. Yes, you can make it less stressful. ", "headline" : "10 smart moves to make after filing your taxes", "image" : { "@type" : "ImageObject", "url" : "https://cdn2.hubspot.net/hubfs/118438/Organize-paperwork.jpg" }, "mainEntityOfPage" : { "@id" : "https://go.hfcu.org/blog/10-smart-moves-to-make-after-filing-your-taxes", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://cdn2.hubspot.net/hubfs/118438/Logo%202.jpg" }, "name" : "Hanscom Federal Credit Union" } } ```