It's tax time folks, and I'd like to show you Marc's very advanced receipt organization technique:
Anyway, it is scary to total the $ spent on renovations. So I'd like to thank Uncle Sam for making it a little less painful. We generally only total our reno' $ amounts around tax time when we are searching and stretching for every possible deduction, which helps take the "OMG" edge off of it.
Labels:
fun stuff,
organization
Piles are good. That's my desk.
ReplyDeleteOn reno expenses, however, I just tried to keep them mostly on one card or two that are reno-dedicated. One outfit sent out a yearly report for me, which was nice.
When they go on another card they usually are findable. What I do is put all the electronic statements in excel and then sort them by payee. That way, all the Lowes or HD payments show up in the same place, ready to be tabulated (if all I need is "who to" and "amount paid").
I note that there are a number of credits and other breaks for us this year.
Mark
Ooops!
ReplyDeleteForgot to add a link to the renewed energy start credits for this year.
We can't take any of them due to the "building our home" provision, but I bet you and some of your readers can.
http://www.energystar.gov/index.cfm?c=products.pr_tax_credits#s2
I threw out receipts immediately. The costs scared me so much that I didn't want to see how much I've spent.
ReplyDeleteWe use the good fashion manila filing system here or else it would be in piles everywhere, in and about this house for no human to find.
ReplyDelete