Online Selling Tip of the Week~Taxes
February 8, 2012 by The Selling Sisters
Filed under Ebay, Etsy, Organizing Your Business, Selling Tips
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Enter your receipts into your spread sheet a few times each month, (I do mine weekly, it only takes a few minutes.) and you’ll save yourself a lot of time when it’s time to file your taxes.
Online Selling Tip of the Week
September 14, 2011 by The Selling Sisters
Filed under Ebay, Etsy, Organizing Your Business, Selling Tips, Working At Home
Something that I’ve found to be very helpful to me this year is logging in all of my receipts for business purchases bi-weekly.
This way, when January rolls around and I’m ready to do my taxes, it’s not a huge process of finding receipts, logging them in, sorting them, etc.
Last year, it took me HOURS to get it all done, receipts were missing, and I also found some receipts a few weeks after I had filed my taxes. This way, I’m one step ahead of the game.
I usually sit down every other Wednesday and pull out all of the receipts that are in my wallet and toss out any that I don’t need. Then I log in my eBay and piano related receipts, and file them away when I’m done. It takes about 10 minutes twice a month.
I love it because not only do I get my receipts logged in and filed away, but I’m also cleaning out my purse and wallet for this process, so I feel SUPER productive getting it all done at the same time.
