GOOD RECORD KEEPING CAN REDUCE TAX TIME STRESS

     Getting organized in the summer is a great way to get ready for next years tax season. Here are a few tips that may help you prepare.
    
      1. Keep documents and receipts that you think are going to have an impact on your tax return.

     2.  Bills, mileage logs, invoices, and other receipts are some things you should keep track of. Most importantly keep track of money spent on home improvements, stock and other investments, rental properties etc...

    3.  If you're a small business owner you should keep track of Gross Receipts, Invoices, Bank Deposit Slips, Proof of purchases, Expense Documents, Documents to Verify your assets, etc.

  All this information here will help you keep track of your tax information. Not only will it make it easier on yourself  but it will also make it easier on your tax preparer. The best part about keeping track of everything is it will help you if you ever get audited.

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