It's Tax Time–Do You Know Where Your Receipts Are?
Guest Blog (Video), Kacy Paide
The dreaded tax time is upon us! There's less than a month to file your taxes in the U.S. Have you started going through your receipts yet? Whether you do your own book keeping for your business or not (I really hope you are at least using an accountant to do your taxes if you are a business owner), having your receipts of expenses and income organized to easily find, review and record them is a MUST MUST MUST!
Today's blog includes a video by a friend and professional organizer, Kacy Paide, showing ways to organize your receipts for this year–and beyond– to make tax time a little bit less painful!
Regardless of how to you've been collecting your receipts over the past year, it's time to put them in folders AND create folders for 2012 so that a year form now you're not in the same predicament.
You may choose to create one or all of the following folders.
*Remember, financial folders must have a year on the label (ie: 2012 Biz Receipts)* During this process you may be simultaneously filling both 2011 and 2012 folders.
Here are some ideas to get you started:
– Business/Deductible Receipts
– Personal Receipts (Non-deductible, if you really insist on keeping some of these).
– Receipts To Scan
– Scanned Receipts
Kacy's Challenge to You
Regardless of how you've been collecting receipts (does scattered on the countertop count?), it's time to step it up so you're not giving your accountant the dreaded shoebox or bag of completely unfiltered receipts. Create one or more folders from the list above and go on a hunt for these little pieces of paper that will save you money on tax day!
Kacy Paide, Office Organizing Expert, transforms messy offices into creative work-havens. She works best with creative entrepreneurs who hate filing and are out-of-sight-out-of-mind. To get your FREE list of "100 Ways To Organize Your Office" and to receive her weekly articles on creative ways to organize and inspire your office, visit www.theinspiredoffice.com.
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Your partner in success,
Marketing, Mindset & Manifesting Coach