How To Record Tip Receipts And Taxability Of The Same 5 Tips for Getting Organized in the New Year

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5 Tips for Getting Organized in the New Year

Get One, Toss Two

Chanukah parties, family get-togethers, office gift swaps. By the end of the holiday season, we are inundated with gifts. As you begin to put them away, take time to make extra room throughout the house to accommodate them. For example, for every new toy or game about to take up residence on the shelves, remove two older ones and add them to the donation bag. And whether you decide to recycle, donate or sell, if you stick to the “get one, toss two” rule, each new gift should actually reduce the clutter in your home. That’s a win-win for everyone!

Habit Forming

Most survey results taken around this time of year say that cutting clutter and getting organized are at the top of everyone’s New Year’s resolution lists. Want to ensure that you keep yours doable? Create systems that are natural extensions of your habits. For example, if you are used to sorting and storing your mail in the kitchen, but it has taken over the counters and table, create a mail management system right in your kitchen instead of relocating the activity to another area in the home. You will be more likely to stay organized if your system is in your original go-to area.

Plan It, Schedule It, Write It

School meetings, work obligations, birthdays, exercise class (yes, even that), dates with your husband. These should all be written down or scheduled on your new calendar. Whether you use a paper calendar, an electronic organizer or a good old-fashioned notebook, it really doesn’t matter. What matters is that all those appointments, events and dates are written down in one place. Multiple calendars just don’t work: The more places you have to look up something, the more likely you will miss it. There is no better way to start off the New Year feeling stress-free than by creating that go-to place that really does make things easier to keep up with.

The Tax Man Cometh

Are you dreading tax season? Are your business receipts, charitable donations and paid bills all in one pile under your desk? Can you even find last year’s returns? Here is a sure-fire system to get you into shape for the coming year: Buy 13 folders or envelopes and label each, beginning with January through December. Label the 13th folder “Tax Records.” Next, find an easy and accessible area to store them-file cabinet, portable tote, whatever does the trick. Designate some time each week to gather all those loose receipts and paid bills and place them in the corresponding file folder. In January, when you begin receiving tax statements, W-2s, etc., place them in the Tax Records file. With just a few minutes each week, you will have everything in one place to prepare your taxes. You will be instantly prepared and will have everything at your fingertips, and your accountant will thank you!

Know When to Hold ‘Em, Know When to Throw ‘Em

Repeat after me: “Do I need this? Do I love this? Do I use this?” Now say it again. Carefully consider every item in your house. If it doesn’t make you happy, if it doesn’t look great or if it has lost its usefulness, it’s a no. Put it in the donate pile and remove it from the house immediately. Having a hard time getting rid of something with sentimental value that you no longer have use for? Relegating it to a box in the basement or garage does nothing to celebrate it. Take a picture instead! It’s both clutter-busting and respectful.

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