As we round the corner into fall, it’s a good time to start thinking about records you will need for next year’s taxes. Certain expenses that are eligible for tax credits or deductions are often concentrated in the summer months. See details at the IRS link below:
http://www.irs.gov/uac/Newsroom/Give-Tax-Records-a-Mid-Year-Tune-up-this-Summer
We would be happy to give you more pointers on setting up a record-keeping system and on what types of credits and deductions apply to your situation. Give us a call for a brief consultation.