Issa Asad Reveals How to Make Business Tax Filing Simpler
Issa Asad Florida Unternehmer
Anyone who is closely related to an accountant knows that there are not four, but five seasons in a year: Spring, Summer, Fall, Winter, and ‘Tax Season.’ During the other seasons, we accumulate leaves, snow, and mosquito bites. During ‘Tax Season’ we accumulate paper. And more paper. And if you have a small business or investments–noch mehr Papier,,en,Ob Sie jemanden einstellen, um Ihre Steuern vorzubereiten oder versuchen, die Formen zu entschlüsseln selbst,,en,es ist zwingend notwendig, dass Sie Ihre Papiere für diese ‚fünfte Jahreszeit‘, um seine,,en,Unternehmer sagte Issa Asad Florida. Herr,,en,E-Commerce und Marketing-E-Bücher, die auf Amazon gekauft werden können,,en,Organisieren von Dokumenten Ihre steuerrelevanten ist nicht nur ein Projekt für den Abend des 13. April,,en,Gute Steuer Organisation ist ein ganzjähriges Prozess,,en,Einige Tücken werden bei Steuer-Zeit desorganisiert,,en.
“Whether you hire someone to prepare your taxes or attempt to decipher the forms yourself, it is imperative that your papers be in order for this fifth season,” sagte, Issa Asad Florida entrepreneur and businessman since 1996. Herr. Asad ist der CEO von,en Q Link Wireless, Hallo Handy, und Quadrant Holdings, all located in South Florida. Er ist auch der Autor von 4 e-commerce and marketing e-books that can be purchased on Amazon.
Organizing your tax-related documents is not just a project for the evening of April 13th. Good tax organization is a year-round process.
Hier, Issa Asad Reveals How to Make Business Tax Filing Simpler:
1. Set up an all-year system
Designate a box, accordion file, or a file cabinet for year-round paper storage and retrieval. Create folders for receipts, credit card and bank statements, anything you have spent money on or need to keep track of for tax purposes. As you acquire such documents, place them in the appropriately labeled folder. This is beneficial not only for tax time but for when you have to retrieve certain papers throughout the year.
2. Stash your tax papers in one place
Every January, our mailboxes become flooded with documents necessary for filing your taxes. At the beginning of the year, bezeichnen einen großen Umschlag oder Kasten in einem Bereich Ihres Hauses oder eine Datei in Ihrem Aktenschrank für diese Papiere,,en,Dieser Prozess wird Ihnen oder Ihren Steuervorbereiter ermöglichen, schnell Ihre Papiere und Quittungen lokalisieren,,en,Wenn Sie einen Steuer-Aufbereiter verwenden,,en,Statt hektisch nach Dokumenten zu suchen, werden Sie in der Lage sein, sie in einem Moment zu erzeugen,,,en,alles, was Sie auf dem richtigen Weg von zu Steuerzwecken halten Geld oder müssen verbracht haben,,en. Examples of these are:
- W2’s
- 1099’s
- Mortgage interest statements
- Bank interest statements
- Real estate tax statements
- Investment statements
- Receipts for charitable donations
3. Create categories for your papers
By early February you should have received all paperwork necessary to complete your taxes. Take that envelope/box/file of collected papers and sort them by category. This process will enable you or your tax preparer to quickly locate your papers and receipts. Some basic categories are:
- Salary
- Real Estate
- Medical
- Childcare
- Investments
Save your tax preparer aggravation by throwing away the envelopes that your statements came in and tear off the perforated edges from your income statements. Group the documents into the categories you’ve created and paper clip them together. Place all of these papers in a folder or large envelope.
4. Contact your tax preparer earlier
If you’re using a tax preparer, call in January to schedule a mid to late February tax appointment. Doing this forces you to organize and compile all the necessary information by that date. Also, accountants get very busy as April 15th approaches. You don’t want an exhausted accountant doing your taxes.Being organized at tax time will give you greater control over the tax preparation process. Instead of feeling overwhelmed, you will feel a sense of calm and accomplishment. Instead of frantically searching for documents you will be able to produce them at a moment’s notice. Instead of your accountant cursing your name, he/she will sing your praises when you present them with an envelope of organized papers and receipts.
