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A little planning goes a long way

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If you haven’t already started yet, it’s time to start getting the paperwork together that you need for taxes. If you have been using a FreedomFiler, your tax papers are already together for you.

It’s important to determine a home for all of your tax papers to live until you receive them all, or find them all. I normally use a magnetic clip on my refrigerator to catch all of the incoming tax papers as they arrive. If you have a lot of paperwork that is needed for your tax prep, a hanging or expanding folder will probably work best.

Whatever home you decide on for storing your tax information should works easily for you. The important part is planning ahead enough to determine where that home will be, and then making sure that the items you need land there as they come in. Taking a moment now to figure it out will save you a lot of wasted time later.

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