4 Tips for Getting Your Taxes In Order
Go from chaos to order, with these easy tips to streamline your personal filing as tax season approaches.
- File financial documents in 12 folders, one for each month. The December folder should be red.
- After January bills have been paid, put the contents of the other eleven folders in the red folder. When you are ready to start your tax returns, everything is where it should be – in one place and easily accessed.
- Keep a copy of the prior year’s return with the December folder so you can refer to it next year. The copy and proof documents are kept in a two-drawer filing cabinet.
- Keep sensitive items (stock certificates, deeds, bonds, marriage licenses, etc.) in a safe.
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