Storage Auctions

The dreaded tax deadline is here.

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
The dreaded tax deadline is here.
« on: April 14, 2013, 04:49:37 PM »
The dreaded tax deadline is here. What do I dread about it? It's not so much about the money but more the days I waste getting all of the paperwork in order. I usually don't put it off until last minute but this year I've been too busy to get to it.

I feel for all of you who own stores. That would drive me crazy trying to keep track of everything I bought and sold.

Re: The dreaded tax deadline is here.
« Reply #1 on: April 14, 2013, 06:35:58 PM »
We don't own a store (yet) but we do keep track of everything we buy and sell. It's not too bad as long as you keep on top of it. If you have to go back and "remember" what you sold, you might as well just make it up.

Offline alloro

  • *****
  • 2345
    • View Profile
Re: The dreaded tax deadline is here.
« Reply #2 on: April 15, 2013, 10:50:18 AM »
One word: Quicken

Use Quicken and make your entries throughout the year as needed. Then come tax day you simply import the Quicken file into your tax prep software and the business part is done.