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You want to know why I've decided to come clean and spill accounting consulting beans everywhere? Why'd I let the accounting consulting cat out of the bag? I’ll tell you. It’s about time the average JOE or JANE has a chance to excel with the same scoop the pros all have. I know where they are and I understand where YOU are because I made it my goal to learn all I can and then what good is all that knowledge if it can’t be shared? Maybe I could sell it, but then you might not buy it because you wouldn’t trust me. You’d think I was just trying to tell you ANYTHING to earn a buck. Well, I won’t disgrace the consulting community by doing that. Just look around and you’ll see. Be careful now, don’t step on any of the tails of those cats. Or squash any of those beans! Track The Tax PapersBy: Janet L. Hall First let me tell you that I do not use a financial software package for my business at this time. I tired some and found that it was more time consuming for me then to simply put my receipts in organized folders and total them at the end of month or year. I also keep a very detailed check register and I don't find the need to re-enter this information into my computer. Here's what I do and might work for you. I have two hanging folders that I keep in my file drawer in my desk. In each of the folders I have manila folders for each line (category) item from my tax form that I use in my business; such as Office Supplies, Utilities, etc. As I get receipts for those line items, I simply drop the receipt into the corresponding manila folder. At the end of the month or year I simply add up the receipts for those categories to get my totals to enter onto my tax form. This year it took me a total of three hours to total my receipts and off to the taxman I went! For days that I'm rushing or too tired to file receipts, I have a small basket on my desk I can throw my receipts into and on my scheduled day of filing they get filed away. When tax season starts, set up a temporary hanging folder to put ALL your incoming tax paperwork and forms into. This way everything is in the same place and you won't have to go searching for that W2 when you sit down to do your taxes. The Organizing Wizard, Janet L. Hall, is a Professional Organizer, Speaker, and Author of 'Secrets of a Professional Organizer and How-To Become One.' She is the owner of OverHall Consulting and Organizing By Phone. Subscribe to her FREE organizing newsletter at http://www.overhall.com/newsletter.htm or visit her web site at http://www.overhall.com Copyright Ó 2000 by OverHall Consulting P.O. Box 263, Port Republic, MD 20676 All Rights Reserved. Permission is granted to reproduce, copy, or distribute so long as article is kept intact, this copyright notice and full information about contacting the author is attached. About the Author The Organizing Wizard, Janet L. Hall, is a Professional Organizer, Speaker, and Author of 'Secrets of a Professional Organizer and How-To Become One.' She is the owner of OverHall Consulting and Organizing By Phone. Subscribe to her FREE organizing newsletter at http://www.overhall.com/newsletter.htm or visit her web site at http://www.overhall.com I like myths but ONLY in their place and clearly identified as myths. I like unvarnished raw truth so that is what I deliver here. If you still need more information then take a look at our full selection on accounting consulting. Trust me you will find only truth there too. CommentsNone Yet Add a Comment |