Organizing for taxes
This year my taxes took an overwhelming amount of time to prepare for my accountant. How can I reduce the time I spend next year organizing my taxes?
Rita, Cardiff by the Sea
Keep all of your tax related receipts together. Maintain an envelope in your purse or a section in your wallet to hold tax-related receipts. Pull these receipts regularly and file them into a pre- designated tax archive system. Filing cabinets, expanding pocket files, or a box with sections will suffice. Whatever system you choose, separate your receipts by tax category.
Another advantage of using a computer for your bookkeeping is that you should be able to reconcile your bank accounts effortlessly every month. Streamline your finances and minimize your headaches. Learn QuickBooks, file your receipts regularly and next year you will be able to prepare for your taxes in a snap!
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San Diego Professional Organizer
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