Many people create His, Hers,
Many people create His, Hers, Ours, and IRS folders in addition to their financial files.
If you have a filing system, but, you’re bogged down in old records:
Pull last year’s financial files (e.g., bank statements) and business or employment expenses (e.g., receipts) and income (e.g., invoices) or any tax-related item. Sort prior years’ tax and legal or financial documents into boxes marked by year.
As you are taking 2005 files out of your office system, make the replacement 2006 file folders for all of your regular home and personal business or financial (e.g., credit cards) and legal (e.g., insurance) documents.
Now, you have separate files for current financial documents in the New Year and a working Tax Box for April 15th that will become your Tax Archives.
If you do not have a working file system for your Home, Small Business, or Business with Employees, let me recommend the shortest distance between chaos and a fully indexed color-coded file system.
75 % of all home and small business filing systems is the same.
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