Still Keeping Your Receipts in a Shoe Box?

This is one of the main reasons individuals and businesses get into trouble. Keeping your finances organized by hording small scraps of paper with ink that fades over time is risky and pointless in the modern day of digital record keeping.

Our best advice as simply put as possible is – Stop doing that.

It is time to step into modern accounting and work as you go by entering each item as it comes rather than having to sit down with an overwhelming mountain of paper at the end of the year.

The #1 Reason Tax Problems Happen Is That their Records are a Mess

We know you have the best of intentions every year to keep track and sort and file. But life happens, we get busy, business picks up and of course our customers and clients come first, and soon we end up with a mish-mash of records strewn in different files, boxes, and pants pockets, if recorded and saved at all.

This can result in missed deductions and if you get audited it can be problematic in sustaining your tax claims. It can result in you owing more than you needed to.

Tax preparers report that it is too common for people to walk in with a giant box or envelope of receipts for a tax audit. That right there is a strike against you. No auditor wants to sort through that box any more than you do.

This year, make 2022 the year you organize your tax efforts and save yourself money, time, and hassle down the road come next tax season.

While Babbitt Tax Law is very happy to represent you in dealings with the IRS regarding back owed tax, penalties, liens, levies, wage garnishments, and even criminal tax proceedings, wouldn’t it be better not to need our services at all?

www.BabbittTaxLaw.com 239-300-9492. If you are having IRS challenges, we are here for you. We offer a free no obligation review of your situation where we let you know what we can do to help. Schedule yours today and stop the IRS from taking any further action.