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Freelance Tips: How to Cope with Spring Fever When There's Work to Be Done
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Track The Tax Papers
Track The Tax Papers By: 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
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The historic contract in North Carolina opens up a new chapter in the FLOC struggle for justice and ushers in a new era in farmworker organizing. ... |
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