Taxes can be a daunting task for many of us. Running around trying to collect the appropriate papers just adds to the overwhelm! Do yourself a favor and set up a simple system now that you can use all year long.
Keep this idea in mind as you consider how to set up a file system for your taxes. The idea is to set up a "spot" to keep any files that will be important for your taxes. That means that, throughout the year, whenever you come across a paper that fits that category, you know exactly where to put it. At the end of the year, everything is one place, and the big step of collecting papers is already done for you.
Keeping it up:
Throughout the year, whenever you get a piece of mail or paper that is just for your taxes, go drop it in the spot. Voila! That's it!
One caveat - you may now have this type of paper coming at you virtually through email or other online accounts. You can use the same idea and create one "spot" in your computer files. Of course, you can subdivide the folder into sub-folders as needed. But save those docs into the folder as they come at you throughout the year so that you will be ready to go when it is tax time!
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I love helping people get their papers organized and helping them come up with simple use-able systems to make their lives easier. Please don't hesitate to reach out if you'd like some organizing coaching to get you on your way!
*Note - I am not an accountant. This article is meant to give general organizing advice, not tax advice. Please reach out to your tax accountant for any advice on your taxes or finances.
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My name is Laura, and I love all things organizing!
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