Tax Records | Organizing Goddess - Part 2

Making Sense of Receipts

What do you do with your receipts after you bring them home?    Several of my clients save them — piles and piles of them — so that they can analyze their spending patterns and better understand where their money goes. That’s a worthwhile endeavor.  Unfortunately, saving them in piles does not shed any light on your spending patterns.  It just creates clutter and causes you stress.  It also makes it difficult to find an important receipt when you need it.

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Get Ready for Tax Time

Now that March has arrived, it’s time to get your tax papers organized so that you can meet the April 15 deadline without any last-minute scrambling. You’ll be able to gather 80% of your information pretty quickly — but the last 20% will take a lot of time!  By getting started now, you’ll be able to identify which information is going to be the hardest to obtain, and you can start the wheels turning while there is still sufficient lead…

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