Tax Time Shouldn't be Taxing!
Keeping orderly records for tax-filing purposes is perhaps just as important as making sure you claim the appropriate tax credit, deduction, or filing status. Without the right paperwork, tax filers could miss out on important money-saving benefits. For example, the credit for first-time homebuyers has been extended, and even increased a bit from 2008. It can now be up to a maximum of $8,000 for the 2009 tax season. But be careful, good documentation is required to take full advantage of this deduction.There are many tax incentives for businesses, as well. But if you don’t have your paperwork and records in order, likely you will be missing out. You work hard for your money. Make certain you make time to put in place a really good system for filing, maintaining, and staying on top of all your paper tasks. If you don’t have one, help is a phone call or email away – your Professional Organizer can help!