Bill Saas, Connecticut CPA
Updated: Tuesday, 18 Aug 2009, 9:32 AM EDT
Published : Sunday, 26 Oct 2008, 10:18 PM EDT
Imagine your dream coming true. You’ve finally sold that house you’ve had on the market … and at the price you wanted. Now, it time to file your tax return and you can’t find any receipts or canceled checks for all the home improvements you’ve made over the years – improvements totaling over $25,000. Suddenly that dream becomes a nightmare.
Without a CPA to help you reconstruct the records, your sloppy filing habits many cost you a $25,000 deduction you could have taken on the taxable profit from the sale of your house. After desperately sorting through desk drawers and shoeboxes to find those records, you probably promise yourself to “find a better way” to handle your paperwork.
That time is now.
Reliable record keeping is mush easier than rummaging through a disorganized mess. Simple organization is the only thing standing between you and well-ordered financial records. When organization takes minimal amount of effort and will yield a maximum amount of piece of mind.
For more on Keeping Financial Records including:
Write for a free brochure:
P.O. Box 198
Wallingford, CT 06492