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Ease the pain of tax time

I'll admit I am not a numbers person.  Don't like 'em and they don't like me.  Tax time is a necessary evil and I do my best to trudge through the numbers, rules and forms just so I can have the pleasure of writing a big ol' check to the government.

But I digress.

In order to complete your income taxes you might think you need to be a CPA or hold a doctorate in mathematics, but there are tools and resources out there to help not only with your taxes but with your bookkeeping in general.  Here are a few of my favorites:

Bookkeeping & Getting Organized

Freshbooks - a fabulous time tracker and invoice generator.  It is a "must have" for freelancers. 

Outright - a very easy to use (and understand) expense tracker which integrates Freshbooks seamlessly.  Their community forums are an excellent source for small business accounting

Shoeboxed - while I've not used it myself, I hear great things about this on-line receipt organizer.  Again, it integrates with Outright to make your life easier.

Tax Resources

Turbo Tax - I have done my own personal taxes with Turbo Tax for over 10 years.  It is so easy to use and it walks you through each step as if you have never even heard of the IRS (don't I wish).

IRS - the IRS site is not exactly the easiest to use or understand without an advanced degree, but there is a wealth of information there.

When in doubt, use a professional.  You can find a highly trained and qualified CPA through The Colorado Society for CPA's

As I get started on my taxes, I will be exploring this subject a little further and post a follow-up article or two.  As always, I welcome comments, suggestions and advice to help all of us work-at-home tax payers.

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