Tuesday, February 20, 2007

It's tax time again!

It's that time again ... TAX TIME!

As a work-at-home writer mom I'm of course self-employed and responsible for keeping up with all sorts of things we need for filing income taxes, from mileage to expenses. A more organized working mom than I would have a better system in place to keep up with everything as the year goes on. Suffice it to say that I've been dreading pulling out and tallying up all this information even though I'm looking forward to getting a refund this year, as usual.

So far I've made my list of what I need to do:
  • Count up mileage
  • Tally expenses
  • Figure up utilities
  • Go through Paypal records for both income and expenditures
  • Collect additional income figures, those for which I have no 1099s

I've broken down my 1099 list into companies I've either received the forms from or from whom I need forms. I'm just missing one. I've also broken down the sources of additional income into categories and subcategories.

While pulling out utility bills, receipts, and so forth I've decided that my system needs an overhaul and that this house needs a good cleaning. But that will have to wait until I get all these figures tallied up and I can deliver the good news that my part of the income tax preparation has been completed!

1 comment:

Deanna said...

Hey!! It's so funny...I was writing on my blog about organization and house stuff just this morning. Working from home and keeping up with the kids, house, etc. is tough at times, huh? Good luck on those taxes!