Personal tax organizing ideas.
Keeping track of your tax related information during the year can save many hours of frustration when preparing to file your return. Here are some ideas to make tax time less stressful.
Follow these three principals when gathering tax records and preparing for tax time:
- Gather your tax records all year.
- Group records by how you file.
- Keep the file for seven years.
You’ll be able to prepare your taxes in less time and feel confident that you have the documentation to support your return in an audit.
Click on an idea to see how it works.