It’s called “Tax Season,” but it could easily be called “Hunt and Gather” season since so much of the season’s stress is hunting, gathering, sorting, and documenting before we even touch a form.
Create a checklist
Before you start your taxes, gather and have all documents on hand. You don’t want to miss any pertinent documents that will only create stress and a headache. Create a checklist of everything that you’ll need to file. An excellent place to start is with your social security number, business tax ID, and bank account information before moving on to:
Important Income Documents
- W-2 wages from your employer
- 1099s for any other miscellaneous income
- Unemployment documents
- Any stocks sold
- Winnings— the value of prizes is taxed
- Any alimony
- Any rental property income
Schedule an Entire Day
Processing taxes isn’t something you can do during a television commercial break. Since it will take some time, especially if you’re a small business owner, schedule a date when you can sit down and sort through your documents. As it might take hours, planning an entire day can help you focus and eliminate any distractions to get it done.
Keep All Documents in One Place
While it’s tempting to file away documents in your home, think twice before you do that. If you want safe document storage for your tax files, you can’t go wrong with storage units. Storage unit facilities are in safe, secure, and central locations.
It doesn’t have to be a large storage unit where you’d store old belongings. Our 5×10 units would be great! A small unit that fits a couple of filing cabinets works well. You can even bring in an old desk and chair and do your taxes in peace!
Storage Authority provides 24/7 self-storage room access so you can access your goods when it’s convenient for you. We know tax season is stressful and time-consuming. Take the anxiety out and consider one of our storage units. Storage Authority keeps your health and safety always in mind. Visit our website, contact us, or give us a call at 262-676-9464.