Now that you’ve filed your taxes, it’s the perfect time to organize your financials and use an electronic filing system for your important documents. At Founder’s CPA, organization is our key to success. If you’re in the market for an electronic filing system, we recommend using HubDoc because of its simplicity and user-friendly tools.
Organize your documents into important categories such as:
- Bank Statements
- Tax Related Information
- Payroll reports
- Charitable giving receipts
Next organize your documents into each category by the year and having your last year’s information readily available to ensure answers for the IRS to verify your case if questions arise.
To avoid theft of information, we highly recommend encrypting and using password protected files. Be careful with your sensitive data and be sure to use strong passwords.