While you're already pulling receipts, statements, and records to prepare for tax time, take the time to get organized!  Remove bank and credit card statements, utilities, investment, and any financial records related to this tax year.  Put in a white archive box (you can get from any office supply store) and label the lid with the year and put it in your basement, attic, or closet.  Then make new hanging files for the next tax year.  If you get into the habit of pulling and replacing file folders at the beginning of each year while you're doing taxes, you will keep your files neat and purged.  Half-way through the year, also do a second purge by going file by file and removing anything outdated or that you haven't used in a year and add it to your current year's … [Read more...]