Comments on: Possibly no filing extension for me this year

By: Don't Mess With Taxes

Don't Mess With Taxes — Mon, 16 Apr 2007 15:59:33 +0000

Tax Carnival #17: Quit monkeying around!…

It’s April 16. The day before tax due day 2007. The day when many of us, especially those of us still working on our 1040s, feel a special kinship with those crazy loons. Don’t fret! It’s also Tax Carnival Day. And while doing taxes can definitely b…

By: Ben

Ben — Tue, 10 Apr 2007 00:31:17 +0000

Congrats, I always put mine off as well. Of course, I’ll owe money so not such a big deal to wait.

By: mbhunter

mbhunter — Wed, 04 Apr 2007 15:44:34 +0000

D, I’ve started putting things in a file folder system, though it wasn’t much help for 2006. It will help a lot more for 2007. This and getting access to the financial statements myself online (before it was only my business partner who received and collected the stuff) so I’ll be able to file things myself.

Henry, that was the smart thing to do! I don’t know why I postpone my refund.

By: Henry @ Binary Dollar

Henry @ Binary Dollar — Wed, 04 Apr 2007 14:24:10 +0000

Haha. That’s awesome. I did my taxes the day I got my last W2. I think it was temporary insanity but it worked out in my favor

By: D

Wed, 04 Apr 2007 12:23:59 +0000

File Boxes – the kind you can get anywhere. Get one for each area of your financial life (i.e. partnership 1, household, business 1, partnership 2). Then throughout the year as things happen – just put the receipt or bill in the appropriate box.

This will not be the best “accounting” method, but I find it helps people gather their info faster. It’s all in one place and only needs to be separated and categorized.

I would also recommend keeping them in an easy access place. If possible where the lids could stay open the majority of the time. I find, less work, means easier follow through.

Hope this idea helps.