Apr 09 2009
Tax Tip: organization is the key to an easy tax season
Tax season can be painful or it can be easy. It’s all up to you and how well organized you are. I used to be very disorganized, and preparing my taxes even with a professional was a nightmare.
Now I keep a folder starting at the BEGINNING of every year to hold tax documents. If any mail comes in that affect the current tax year I place it in the folder. Then when most of my forms come in early next year I place them in the folder as well.
You can even start doing your taxes in mid-january as your year-end forms start coming in. That way you won’t need to dedicate a full day around April 10th to “start” your taxes. You just start when you get the first form, and complete your taxes as the forms come in.