Getting prepared early Earlier is better when it comes to working on you're taxes -- for you and the Internal Revenue Service. By getting a head start on tax preparation, you avoid the last-minute rush and it makes it easier for the agency to process your return and get any refund on its way to you sooner. Here are several great ways to get a jump on your taxes long before the April 15 deadline rolls around:

1) Get ready for the arrival of records. When your W-2s, investment statements and other tax-related documents start coming in, create a collection point and put them there. It could be as simple as a large envelope. Just make sure that whenever the material shows up, you put it all together in a place so when you are ready to fill our return, you have all the data you need.

2) Track down Social Security numbers. Before the IRS will process any return, the agency must have your correct social security number as well as your spouse or any dependents. These numbers are vital because so many transactions -- income statements, savings account interest, retirement plan contributions -- are keyed to them. Make copies and put in the folder that you are keeping all the other important documents. NOTE: And don't forget the tax identification number of the person or business that takes care of the kids while you're at work. You'll need it if you file for the child care credit. You should receive a statement from the care provider that includes his or her tax ID number, as well as the amount you paid, so you can use it to claim the credit.

3) Decide how you want to do your taxes. Gathering the appropriate tax forms goes hand-in-hand with how you plan to complete your return. Which preparation method fits your tax style? Are you a do-it-yourselfer or should you hire a pro? Do you prefer pen and paper or a computer? Now is the time to decide. By starting early, you have plenty of time to gather filing paperwork yourself, pick the perfect tax preparer; Cash Money Taxes has 2 to serve you.

4) Consider electronic filing. E-filed returns are processed in about half the time of paper ones, according to the IRS. Plus, e-filing catches math problems and issues confirmation your return has been received. In addition, when you e-file with CMT you may be able to receive your refund in as little as 24hours or a portion within an hour. Call CMT to find out details.