Tax Time: Early Birds Catch a Breather

April 15 may seem light-years away, but taking control of your tax situation now can save you time and frustration later. By getting a jumpstart you’ll have time to request copies of missing documents; avoid the last minute rush; and, if you’re getting a refund, probably receive it sooner.

Here are some tips from CBS MarketWatch:

* Gather records in advance. Make sure you have the documentation you need, including W-2s and 1099s. Save a copy for your files.

* Get the right forms. Visit your local library or check the IRS (Internal Revenue Service) Web site’s Forms and Publications section at http://www.irs.gov.

* Give yourself a break - a coffee break, that is. Rushing can cause errors, so take your time.

* Double-check your math and Social Security number. These are among the most common errors on tax returns.

* Use direct deposit. Let the IRS put your refund right into your account.

* Consider filing electronically. It’s easy and fast and the refund will be in your account even faster.