Tax Paperwork: Where to Start….step 1
Tax Paperwork; Where to Start
It may only be February, but it is never too early to start organizing to prepare your taxes.
First Step: get rid of the junk
Wherever you keep your paperwork: the kitchen counter, dining table, home office floor, all of the above…it is time to sort through it and get to the important stuff. Keep in mind a main purpose of getting organized is to find things later. It is really hard to find the important things when they are burried under those that are not important. That is the clutter.
Do a “rough sort”.
1. Quickly start tossing the junk.
2. Pull out catalogs and magazines you will read later.
3. Keep a big pile of everything you are keeping.
Don’t get bogged down with what those things are and where they will go. Just slug through this “rough sort” and get rid of the junk.
What is the Junk?
Third Class mail, any solicitations you did not request, and coupons you will never use.
BONUS: You can see your counter, table or floor and even use it.
Next week we will move to step two.
