Tax Season Approaches - do you know where your reciepts are?

It is almost that time of year again, when the taxes are going to be due and everyone needs to think about just where their business receipts are stashed away. Old shoe boxes of stacks of receipts are the nightmare of everyone facing tax season, but they are at least a step above frazzled small business owners that scrabble through drawers and cars and old coat pockets trying to locate the receipts for the year.

If you are frantically trying to find your business receipts, then make a resolution this year to create a single file box with 12 folders in it into which you will drop all of the receipts for you business as soon as they arrive. Your tax accountant will thank you next tax season.