3Get Out of Time Denial
Every April 15th millions of Americans tear their hair out trying to meet the midnight deadline for turning in their tax returns. The reasons for this last-minute rush? Procrastination and denial— specifically, denial about how long it will really take to locate and sort receipts, pull together paperwork, and crunch the numbers so that the forms can finally be filled out and sent on their merry way.
How long does it take you to prepare and fill out your tax return? According to government estimates, it takes taxpayers 28 hours and 30 minutes to complete an average tax return with itemized deductions and income reported from interest, dividends, and capital gains.
This tendency to underestimate the amount of time something ...
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