Welcome to Week 4 of my Binders 101 blog post series. This week I am tackling my taxes. If you remember, a couple of years ago I did a blog post over organizing my taxes into an accordion file.
This approach was really nice until you needed to remove a year of paperwork and create a spot for the most recent tax year. That required removing all of the papers and shifting them to a new spot. You may be wondering what the problem or pain is with that… Well, this momma is pressed for time anyways. So, trying to tackle at least 6 stacks of papers plus labels can be a little much when you have two young ones calling your name or pulling on your leg over and over again during the process.
So, all of the contents came out of the accordion file and then, they were placed into a 1 1/2″ orange Better Binder from Staples.
To separate the years, I used the Universal Ring Binder Insertable Indexes.
I decided to use this type of divider because I would be removing paperwork, inserting new paperwork, and editing a tab ever year.
I know that you can get by with only keeping tax documents for six years, but I have decided to keep them for seven: 2007 to 2013.
Tax documents will not always be the same. For instance, in 2007, my husband and I were newly married, didn’t own a home, and we didn’t have any children. In 2013, we owned a home and had two children. So, we had more paperwork last year than we did in 2007.
For our 2013 taxes, I started using the checklist that I shared with y’all at the end of January. Here is a look at my filled out checklist for 2013 that will go in my binder.
This will make collecting documents for next year’s taxes a lot easier. Feel free to download a copy for yourself too…
Stay tuned next week when I create a blog binder. I will have several printables to share with y’all too.