If you are like me then you don’t like figuring out your taxes each year. It’s probably too late for most everyone (unless you didn’t profit in 2006) but here are some of the things that I’ve started doing to help make my life easier at tax time.
First, depending on the type of business you run you should definitely invest $100 or so and pick up the latest version of Quicken. Even if you don’t plan on e-filing, it’s really a great program just for book keeping and transaction recording. If you are smart with how you set it up and track everything you can also use this to balance multiple bank accounts.
