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Franklin Township: Tips for a Stress-Free Tax Season

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Carletta O. Beckwith, CPA
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Earlier is better when it comes to working on your taxes but many people find preparing their tax return to be stressful and frustrating. Fortunately, it doesn't have to be. Here are six tips for a stress-free tax season.

Don't Procrastinate. Resist the temptation to put off your taxes until the very last minute. Your haste to meet the filing deadline may cause you to overlook potential sources of tax savings and will likely increase your risk of making an error. Getting a head start will not only keep the process calm but also mean you get your return faster by avoiding the last-minute rush.

Gather your records in advance. Make sure you have all the records you need, including W-2s and 1099s. Don't forget to save a copy for your files.

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Double-check your math and verify all Social Security numbers. These are among the most common errors found on tax returns. Taking care will reduce your chance of hearing from the IRS. Submitting an error-free return will also speed up your refund.

E-file for a faster refund. Taxpayers who e-file and choose direct deposit for their refunds, for example, will get their refunds in as few as 10 days. That compares to approximately six weeks for people who file a paper return and get a traditional paper check.

Don't Panic if You Can't Pay. If you can't immediately pay the taxes you owe, consider some stress-reducing alternatives. You can apply for an IRS installment agreement, suggesting your own monthly payment amount and due date, and getting a reduced late payment penalty rate. You also have various options for charging your balance on a credit card. There is no IRS fee for credit card payments, but the processing companies charge a convenience fee. Electronic filers with a balance due can file early and authorize the government's financial agent to take the money directly from their checking or savings account on the April due date, with no fee.

Request an Extension of Time to File (But Pay on Time). If the clock runs out, you can get an automatic six-month extension bringing the filing date to October 15, 2018. However, the extension itself does not give you more time to pay any taxes due. You will owe interest on any amount not paid by the April deadline, plus a late payment penalty if you have not paid at least 90 percent of your total tax by that date.

If you run into any problems, have any questions, or need to file an extension, help is just a phone call away. 

Carletta Beckwith CPA LLC is a firm that provides premiere income tax preparation, tax planning, and financial planning services. 

To learn more about the services she provides visit www.beckwithcpa.com or call 732-873-0902.

Any accounting, business or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, we would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

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Franklin Township

Franklin Republicans take part in Somerset County reorganization

June 17, 2018

FRANKLIN TOWNSHIP, NJ - The Franklin Township Republican Committee participated in a second meeting this week. On Monday night, June 11th, the Committee met for its own reorganization meeting. The very next night on Tuesday, June 12th several Committee members traveled to Hillsborough to meet at the Peter J. Biondi Municipal Building for the Somerset County reorganization.

Al Gaburo, who is a ...

Bridgewater Police: Avoid Mall for Ongoing Police Investigation

June 14, 2018

UPDATE: According to a Nixle alert from the Bridgewater Township Police Department at 9 p.m., the investigation at the mall has been completed, and the mall will be resuming normal business operations.

Police emphasized that there is no immediate threat to the public and no injuries were reported.

Keep checking back for more information.

Related article: Bridgewater Mall Shut Down ...

Students Lead ‘Die-In’ at Congressman Lance’s Westfield Office; Summit Boy Arrested

WESTFIELD, NJ — Seventeen-year-old Summit High School student Ben Schachter was taken away in handcuffs Tuesday during a gun safety “die-in” protest led by local high school students at Congressman Leonard Lance's Westfield office. Lance was not present at the office at the time.

Read: Congresswoman Bonnie Watson Coleman Talks Gun Violence, School Safety, ...

Dozens of Highland Park Residents Rally Against Recent ICE Detainment of Neighbor, Father of 4

Dozens of community members rallied in front of The Reformed Church of Highland Park on Friday afternoon to voice their opposition towards the recent detainment of local resident Cloyd Edralin by the US Immigration and Customs Enforcement.

The rally was planned just four days after Edralin, 47, a green card holder from the Philippines and father to four children who are U.S. citizens, was ...

Hillsborough teacher charged with ‘sexual conduct’ with student

NEW BRUNSWICK - A Plainsboro man and tenured English teacher at Hillsboro High School was being held in the Middlesex County jail today on charges of having improper contact with a 17-year-old student that occurred over a period of five months, authorities said today.

Kenneth Shindle, 27, is charged with one count of engaging in sexual conduct that would impair or debauch the morals of the ...

$200K Police Settlement a 'Total Disgrace,' Reiner Says

RARITAN TWP., NJ – A recent TAPinto report that $200,000 was paid to a former township man after he filed a federal suit alleging excessive force by police here prompted a passionate defense of township police by Committeeman Louis Carl Reiner at last night’s Township Committee meeting.

The suit was filed by Dennis Shuman against the township Police Department and several of its ...

Raritan Twp. Paid $200K to Settle 'Excessive Force' Lawsuit

RARITAN TWP., NJ – The township has agreed to pay $200,000 to settle a lawsuit filed in federal court against its police.

The suit was filed by Dennis Shuman against the township Police Department and Patrol Officers D. S. Carson and Aaron Roth; Lt. Nicholas Buck; Sgt. Scott Lessig; and Police Chief Glenn Tabasko. It alleges assault and battery; negligence; emotional distress; abuse of ...

Bridgewater Police: Avoid Mall for Ongoing Police Investigation

June 14, 2018

UPDATE: According to a Nixle alert from the Bridgewater Township Police Department at 9 p.m., the investigation at the mall has been completed, and the mall will be resuming normal business operations.

Police emphasized that there is no immediate threat to the public and no injuries were reported.

Keep checking back for more information.

Related article: Bridgewater Mall Shut Down ...

Students Lead ‘Die-In’ at Congressman Lance’s Westfield Office; Summit Boy Arrested

WESTFIELD, NJ — Seventeen-year-old Summit High School student Ben Schachter was taken away in handcuffs Tuesday during a gun safety “die-in” protest led by local high school students at Congressman Leonard Lance's Westfield office. Lance was not present at the office at the time.

Read: Congresswoman Bonnie Watson Coleman Talks Gun Violence, School Safety, ...

Dozens of Highland Park Residents Rally Against Recent ICE Detainment of Neighbor, Father of 4

Dozens of community members rallied in front of The Reformed Church of Highland Park on Friday afternoon to voice their opposition towards the recent detainment of local resident Cloyd Edralin by the US Immigration and Customs Enforcement.

The rally was planned just four days after Edralin, 47, a green card holder from the Philippines and father to four children who are U.S. citizens, was ...

Summer Camp Programs for Children and Teens Announced By Environmental Education Center

June 15, 2018

BERNARDS TWP., NJ – Each summer, the Environmental Education Center (EEC) in Basking Ridge holds programs that let children and teens explore nature for summer activities that both entertaining and an opportunity to learn about the environment.

The programs are organized and led by the EEC's staff of naturalists.

The EEC is a Somerset County facility located at 190 Lord ...

Somerset County Employees' Health Center Opens in Somerville

SOMERVILLE, NJ - The Somerset County Board of Chosen Freeholders and officials from Integrity Health gathered for a June 12 ribbon-cutting ceremony for a new health care facility on East Main Street.

The Somerset County Partnership Health Center (SCPHC) will serve as an on-site health, wellness and care coordination center for employees of Somerset County, the county park commission, the ...

Long May It Wave: Somerville Elks' Festival Salutes American Flag

SOMERVILLE, NJ The Somerville Elks are hosting their annual salute to America, patriotism and the American Flag  June 15 on the green adjacent to the historic Somerset County Courthouse on East Main Street, beginning at 5 p.m.

The Flag Day Country Music Festival features “Big Hix,” a country/western tribute cover band that takes the stage at 7 p.m. for a free 90-minute ...

Summer Camp Programs for Children and Teens Announced By Environmental Education Center

June 15, 2018

BERNARDS TWP., NJ – Each summer, the Environmental Education Center (EEC) in Basking Ridge holds programs that let children and teens explore nature for summer activities that both entertaining and an opportunity to learn about the environment.

The programs are organized and led by the EEC's staff of naturalists.

The EEC is a Somerset County facility located at 190 Lord ...

Somerset County Employees' Health Center Opens in Somerville

SOMERVILLE, NJ - The Somerset County Board of Chosen Freeholders and officials from Integrity Health gathered for a June 12 ribbon-cutting ceremony for a new health care facility on East Main Street.

The Somerset County Partnership Health Center (SCPHC) will serve as an on-site health, wellness and care coordination center for employees of Somerset County, the county park commission, the ...

AtlantiCast

AtlantiCast: Episode 16

Summer is in the air, and the latest episode of AtlantiCast is ready to help you enjoy some fun outdoors while staying safe! This week’s episode opens with tips for sunscreen usage from Atlantic Health System’s Chief Medical and Academic Officer, Dr. Jan Schwarz-Miller. You’ll also learn about how Atlantic Health System is advancing the future of health care through ...