Next up on my to-do list are taxes. My method of saving tax receipts and expenditures for my writing business vary. But usually include a large envelop where receipts are stuffed. Then every six months, I pull them out and identify and tag them in my receipt book. So that when tax time comes, I'm ready to input totals. I know there is software available and people input monthly, but alas, I am a procrastinator and thus the large envelop method works best for me. How do you do your taxes?
I learned to do the monthly bookkeeping and taxes after three months' worth nearly did me in. Took me a few hours to total everything for my accountant, but all we need is one more form and it's ready to go!
ReplyDeleteHeading over to read a peak now!!
ReplyDeleteL. Diane- after five hours...give or take we got the taxes done- only to learn there will be changes in mid-February that we need to wait for or send an amended version. sigh. :D
ReplyDeleteCheers~