Is Your Lack of Social Networking Taxing You?

Social media has myriad of ways to benefit everyday people.

From networking for jobs to finding the best places to travel to, the list can go on and on.

With that in mind, social media is a great tool when it comes to improving one’s financial situation.

As mentioned, whether it is locating a better-paying job, reducing one’s bills or finding a good retirement plan, social networking can be put to use rather easily and at no expense in most cases.

So, how can you use social media to improve your financial situation, especially as tax season arrives nationwide for some 150 million Americans who file yearly?

Get the Right Info the First Time Around

Face it; not many consumers enjoy doing their taxes. Okay, probably some 99 percent of Americans abhor it when you get right down to it.

With that said, social media can be a great means to use when it comes to determining which form is best for you, which tax prep providers are likely best suited to assist you, and what if any deductions you can claim along the way.

Perhaps you will decide that 1040EZ Tax Filing Instructions are what best works for you.

Then again, maybe you will opt for one of the other various forms out there. Whatever the case may be, getting the right tax information from an accredited tax provider is what you need.

Keep in mind, however, that there are not a large majority of tax prep businesses relying on social media to publicize their services and educate consumers, so you likely will have to do a little bit of digging.

Tweets and Shares Offer Information and Education

For starters, go to the Facebook, Twitter, Google+ and other such pages of both well-known tax providers nationwide and those a little closer to home and/or smaller such shops.

When you do that, you should be able to find tweets, shares, posts etc. that offer up tax preparation information, what you can and can’t declare if you’re looking at deductions, any changes to the rules this year when it comes to doing your taxes and much more.

One noticeable change this tax season is Obamacare and its impact on doing and filing one’s taxes.

The bottom line is all American taxpayers will be required to check off a box on their return that indicates they have the mandated healthcare coverage.

For those individuals not receiving health insurance via an employer, they will look to make sure that they are in fact eligible for the tax credits that come with Obamacare for those who qualify.

Taxpayers can also turn to social media and look at media sites like the major broadcast networks, top newspapers and magazines and other such outlets that undoubtedly will be tweeting and sharing tax information from now through early April.

Lastly, the IRS has available taxpayer information on Twitter, so turn to that for some answers to your questions.

With tax season here, getting more social over it should provide you with a little less stress and better preparation.

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