12.29.2010 / Tis the Season for Tax Tips

The New Year is just around the corner, and with the new year comes the one thing that no one looks forward to, tax season! To help you get a handle on what you need to do, we have compiled some tax tips to help you out.

"We have scoured the internet and come up with a few helpful ideas and resources."
  • Get it done early – we know that everyone tells you to do this, but its true! If you want to avoid a stressful tax season, start collecting your paperwork early (put it all in one place you aren’t trying to find your paperwork as you’re doing your taxes). Set aside a time – in advance of April – to start working on your paperwork. It’s an old adage, but planning in advance will keep the stress away!
  • Need to file an extension? It’s not always what you want to do, but sometimes you do need extra time. You can get a 6 month extension – but you have to fill out the right forms! Visit (,,id=98155,00.html) for more information on the forms you need to fill out.
  • New to the workforce? You might just have it easy – with an EZ1040 form! This is for single taxpayers with no dependents. If you want to know if you fit the bill, visit If you’ve always filed with EZ, but just got married or have a new dependent, you may want to check out the IRS’s information for newly married couples here (,,id=210762,00.html)
  • When is your refund coming? The question on everyone’s mind after they file is “Where’s my refund?” The IRS has the answer at their site “Where’s My Refund?” (

If you have a question not answered here – or just want to dig deep into other tax questions, the official IRS site – – has a huge amount of information for citizens with both large and small incomes, as well as students (and their parents) and small business owners!  They even give you the run down on what to do with the new tax credits this year.

* The information contained on this blog is for information purposes only. Please consult your tax adviser for additional information.

Posted at 08:47 AM | Permalink
Post A Comment

The views expressed on this site may not reflect the views held by First National Bank of Omaha or any of its affiliates. The information provided through this website is not a substitute for any personal advice from a licensed professional. Use of any information or advice shall be solely at the user's own risk.

We welcome your comments. All comment submissions will be reviewed prior to being posted. If the comments are posted, they may be removed at any time. Comments will not be approved if they contain, include or involve any of the following: Obscenity; Crude, vulgar or offensive language and/or symbols; Gang signs or symbols; Derogatory characterizations of any ethnic, racial, sexual or religious groups, personal attacks of any kind towards others; Trespass or the violation of other people's rights or property; Illegal (e.g., discriminatory, harassing) or inappropriate activity, behavior or conduct (e.g., inflicting emotional distress); Any other content that is or could be considered inappropriate, unsuitable or offensive, or clearly "off-topic" as determined by First National Bank of Omaha. To protect your own privacy and the privacy of others, please do not include personally identifiable information such as Social Security Number, phone number or email address in the body of your comment.

For account related questions, please log in to First National Online at and use the secure email located in Contact Us.