Consider Using A Professional At Tax Time

Taxes can be complicated.

That’s why it’s important to have important documents ready at tax time so you can file with all the information you need - and why it might be important to use a tax professional, such as a CPA, an attorney or another qualified preparer.

These tax experts can be great resources for advice about documents you should be saving all year and what to bring when it comes time to prepare your returns so there won’t be delays in filing.

They can also give you advice about:

• Whether you’re withholding too much or not enough.
• If you could benefit by withholding more for retirement.
• Whether charitable donations might be wise so they could be used as deductions.
• If you’re keeping the right medical records.
• And if there are other options you might have for tax breaks, such as child-care or mortgage-related costs.

These professionals can also help advise you about how to handle your tax obligations if you are self-employed – so you’re not caught owing more than you have in the bank at filing time.

To help find someone right for your needs, don’t hesitate to ask family, friends, or a trusted financial advisor for recommendations about tax professionals.

You’ll want to find someone you feel is trustworthy and is looking out for your best interests. And you’ll want to keep in touch with them to make sure you’re on track with the documents you need.

It will also be important to remember to schedule an appointment with your preparer early in the tax season so you can get your returns filed as quickly as possible.

Working with a trusted professional can help make filing your returns a lot less taxing.

Questions?

Fidelity’s Client Care Center Bankers are here to help. For assistance, call 1.800.388.4380. The hours are Monday through Friday, from 8:30 a.m. to 6 p.m. and Saturday from 9 a.m. to 1 p.m. or visit bankatfidelity.com.

Learn More

Fidelity Bank has built a strong history as a trusted financial advisor and continues its mission of exceeding client expectations through a unique banking experience. It operates 20 full-service offices throughout Lackawanna, Luzerne, Lehigh, and Northampton Counties, along with a limited production commercial office in Luzerne County and a Fidelity Bank Wealth Management Office in Schuylkill County. Fidelity Bank provides a digital banking experience online at www.bankatfidelity.com, through the Fidelity Mobile Banking app, and in the Client Care Center at 1-800-388-4380. Additionally, the Bank offers full-service Wealth Management & Brokerage Services, a Mortgage Center, and an array of personal and business banking products and services.