Tax preparation is an arduous task, which many people prefer to neglect until the last minute. It is an overwhelming task to wade through the paper work, calculate taxes, make provisions and file for the returns. However, it is mandatory so it has to be done.

Tax preparation involves various steps: choosing the tax form, preparing the return, and sending the return. For this, you need to know certain things, like: what forms do you require? How are the calculations done? Are there any penalties? How do you get the best refund? What are the various deductions that I am eligible for? How do I confirm whether IRS has received by my return? How do I know my filing status? What do I do if I moved during the past year?

Tax preparation has now become relatively easy with the Internal Revenue Service