It’s Tax Time - Organizing your business receipts

Please excuse the sinus issues I’m having but... .

Here’s a quick strategy to help you get those paper receipts organized before you head to your tax preparer. He/she will thank you for saving them time and you will save yourself some money.

Here are the steps:

1. Gather all receipts and organize them by expense category
2. Open up a excel spreadsheet or google sheet
3. Create a column heading for each expense category (you can also do a separate tab in the workbook for each expense type)
4. Enter the total of each receipt under its column and total each column
5. Download the camscanner app so that you can scan each paper receipt, email it to yourself and save on your google drive and/or computer for future reference
6. Email or print out the excel spreadsheet and give to your tax preparer with your other tax documents .

If you are in need of a great tax preparer, I am accepting new tax clients. Click this link to setup a FREE tax preparation consultation.

receipts