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Monday, April 15, 2013

Tax TIme - Avoid the Stress Next Year

It's April 15th - Did you file your Taxes?

A lot of people wait until the very last minute to file their taxes. It's something that everyone hates doing. It takes a lot of time - especially if you didn't keep all of your needed receipts or records in an organized system where they were easily accessible.

So....what did you learn from this?

Do better next year !

You can start now by making up a few folders and putting anything tax related into them as they come in. That alone will save you a lot of time, frustration and stress next tax season.

A few quick ideas for file folders:
  • Tax related
  • Medical / Health Care
  • Donations
  • Investments
  • Mortgage info
  • Banking
Just by having these few folders and putting anything related into them - you will have cut down your tax preparation time tremendously.

Get into the habit of filing these important papers into the appropriate files as soon as they come in - you will save yourself a lot of time next year. Time that is well spent this year.

Getting organized and staying organized is a lot of work.  But well worth the effort!




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