Tax Tip of the Day – Breaking Down all this crazy mail that gets delivered!
Just as we seem to get organized and sorted out after the holidays and turn of the New Year, tax documents begin to flood our mailbox. Most of us are looking for a little breathing room and tend to set these aside in a pile for later tending, potentially leaving us scrambling for a stray document at the last minute. This year keep yourself organized with these simple tips for when the mail comes through your front door.
1) Buy a 10 x 13 envelope and label it Tax Stuff 2011.
2) When your tax documents come in the mail, if you are inclined open then up, and add them to the big envelope. Or just add the documents directly to the folder unopened if that’s all you can manage at that moment.
3) Use 2 or more if you need to or even get a larger envelope.
4) Set up a time in advance of tax filing deadlines to meet with a professional tax preparer. Your tax preparer will have a list of all the documents you’ll need to collect as well.
5) Send your envelope ahead of time to your tax preparer before you meet with them or bring your large envelope(s) to the meeting. We’ll open any unopened mail at this point and sort and organize your documents for you.
There is no need to spend vast amounts of your valuable time scanning or copying the documents before contacting your tax preparer or meeting with them. In working with Erock Tax as your professional tax preparer, know that whatever works best for you generally works for us, Our goal is to educate of ways to make tax preparation easy for you and ultimately to streamline the often painful process of getting ready for your tax season.
Stuart Steinberg, CPA, MBA has owned a strategic tax planning practice on the North Shore for 23 years. Please feel free to contact him anytime and let Erock Tax take care of you!