Tax time is a difficult one for many people. And it isn’t filing in all of the forms. It is often organizing all of the backup documentation required.
A simple solution is to use records scanning for storing all the documents needed for taxes. They can be scanned in as they arrive so they are easy to find when you complete your taxes. It is also simple to email the documents to an accountant or tax preparer.
Then after the taxes are done scan in the 1040. It is now in a small format and can be backed up online if it is never needed. In the worst case scenario you may be audited by the IRS. Now just open the folder and print everything out. The days of searching through a file cabinet are over.
There is also security of keeping everything on a password protected computer. Documents can be taken out of a file cabinet and it might be years before you know what happened.
So take the time and get organized this tax season. And when you are all done then call your local shredding service to get rid of everything you no longer need to store.