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Tuesday, February 7, 2012

A taxing situation!

The Penny Pincher is admittedly a fan of lists, color-coded files and cute post-its. But for those of you who are not "Type A," here are some organization tips to ease the pain of tax preparations! (courtesy of Avery Dennison Corp.):

  • Categorize: create separate files for each type of tax document (income, expenses, deductions, etc.)

  • Color code: within each category, sort using colored tabs (i.e.: within deductions - pink for healthcare; green for charitable donations, etc.)

  • Keep a checklist: track all documents that you receive in the mail.

For more tips, check

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