Hey Belle Hey- It's Tax Time
Hey Belle Hey-
The hardest thing about getting older is adulting and for me one of the least favorite parts of adulting is taxes...Now the organizing geek in me loves keeping records and organizing paperwork but filing taxes is another task...Here are some tips for getting ready to file your taxes.
TIP ONE
Invest in an expandable file holder (especially if you are a business owner)...You can use it to keep separate compartments for business receipts, charity donations, etc.
TIP TWO
Be Consistent because life gets busy. One of the hardest parts of keeping great records is remaining consistent...now I don't get this right every month but on my calendar I have a standing appointment for making sure I have my tax/receipts organized and calculated...I do this to avoid completing a monumental task in one day which may lead to errors- if you make keeping track of your expenditures part of your routine it helps give you a picture of the money you have coming in and going out
Tip Three
Find a CPA/Accountant/Tax Preparer that you can use each year...this has been a life saver for me as a busy mom/business owner/employee/student because I have been able to build a relationship but more importantly I have come to know what my Accountant needs to be sure I am keeping track of tax deductions and changes that occur each year.