How To Know It’s Time To Organize Your Tax Files

The date for receiving all your T4 slips and contributing to your RRSP’s has past. Perhaps you owe the government money or are waiting for a refund. It may seem a bit early to focus on this year’s receipts and paperwork but the earlier the better. Avoid a mountain of paper next tax year and the stress of tax season.

Do you need to create files for your receipts?

Receipts and statements are accumulated throughout the year. Without a proper filing system, you, or your accountant, are going to spend hours sifting through mountains of paper and sorting into categories. Time costs you time and money. Let ClutterBGone show you how to set up a filing system that will save you time and expenses later in the year.

What’s your year in review look like?

Do you have all your statements and receipts in one organized file? Is everything you need for one year in one place so you’re not scrambling looking for your papers?

We hope so as any questions or an audit (!!!) can be solved quickly and easily. We have performed this task for many clients and it has saved them so much time and expense. Just ask us how.

Are you in the digital age?

For those that are in the digital age there are a lot of apps that allow you to scan and store your receipts in the cloud. If you do your own taxes, some accounting software comes with apps that will do this. Keep in mind that clearly legible electronic receipts are OK with Revenue Canada but they can ask for the original during an audit and some receipts fade over time.

We at ClutterBGone know that some people are comfortable with new technology and some are not. We work with the system that works best for you.

Do you maintain your filing system and paperwork for tax season?

Your filing system only works if you use it and maintain it. Leave your newly created tax file in a place that is easy to access and place your receipts and statements in the appropriate file folders when you get them.

At ClutterBGone we can help you be prepared for the next tax season before it’s arrival. Tax time is stressful enough without the stress of having to find information and dig through mounds of paper. Be organized and be ready. Contact us to learn how we can assist you and ease your stress levels.