InsuranceNewsNet: Advisors, Tax Pros Weigh in on Best Year-End Planning Tips
“In other words, sell Pepsi and buy Coke,” said Rob Burnette, CEO at Outlook Financial Center, in Troy, Ohio.
CBSMoneyWatch: IRS Sitting On Your Tax Refund? There's a Bright Spot.
"People would rather have their refund on time. If you've got $3,000 or $4,000 coming, an extra couple hundred bucks is not going to do much," said Rob Burnette, a financial adviser and CEO of Outlook Financial Center in Troy, Ohio.
GoBankingRates.com: What Happens If You Misplace a 1099 Form?
“If you can’t get a copy before the due date of the return, file an extension to get additional time,” said Rob Burnette, CEO, financial advisor and professional tax preparer at Outlook Financial Center in Troy, Ohio.
Forbes: Do I Qualify for Free Tax Filing? How to Avoid The Upgrade Trap
“The returns these [free online filling] programs are good for are taxpayers that have a single or married filing joint status, W-2 income only and take the standard deduction,” says Rob Burnette, financial advisor and professional tax preparer at Outlook Financial Center.
GoBankingRates.com: Why Doing Taxes on Your Own Doesn't Always Save Money
There are several complicated situations in which you may struggle to file taxes — e.g., if you own a small business or rental properties. Rob Burnette, CEO at Outlook Financial Center, said tax professionals may offer assistance for those.
Forbes: Is It Smarter to File Your Taxes Early, or Wait Until the Last Minute?
For starters, financial advisor Rob Burnette of Outlook Financial Center in Troy, Ohio points out that filing early can reduce your exposure to someone fraudulently filing a return using your identity.