This guest post is Part 2 in a 3-part series discussing taxes written by Christopher Remus, author of Tax Pain Relief.
In Part 1, I talked about the different sources of tax season pain such as stress, tension, and anxiety. This pain is compounded by our attempt to avoid the pain by procrastinating, which only serves to add more pain to the process of getting our taxes filed.
The good news is, it’s possible to break the tax pain cycle using the system outlined below. How do you get started? Simply follow these five manageable steps outlined below.
1. Start Early
The longer you wait to do your taxes, the longer the tax pain has to build. Starting early on your taxes prevents the tax pain from building to increasingly uncomfortable levels; the trick is actually doing it.
To Do: Use a tool like Evernote to create a single and well-organized digital storage location for all of your tax documents.
2. Divide the Process Into Small, Manageable Pieces
The single digital storage location you set up is a self-organizing system for keeping track of your tax records throughout the year. If you are a business owner, I recommend separating your personal tax records from business tax records.
Continue reading on the Expensify blog…