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3 Simple Office Supplies for Smooth Tax Prep

Family Balance Sheet

We have our 2011 tax meeting this week with our accountant. We own an S corporation and have a few employees, so we have a CPA prepare our taxes every year. Honestly, he is worth his weight in gold; the tax rules make my head spin. In all honesty, tax season goes fairly smoothly for us. Are you prepared for tax season?

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Thankful Thursday | I am not qualified

The Frugal Girl

We can pray for peace, we can donate to (reputable, responsible) organizations that can help the suffering people, AND we can focus on doing good right where we are. So, deep breath. Part of that for me is facilitating a thankfulness practice here.

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Wait, Don’t Buy That Yet!

Prairie Eco-Thrifter

Since my blog is set up as a business, I could deduct the expense – or at least depreciate the asset over time – reducing my taxes. So, hey, I guess I can take the tax reduction next year as well as this! I always shop for Christmas wrapping paper, gift tags, boxes and really nice ornaments the week after Christmas. Other tips.

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How Long Should You Keep Financial Documents

Family Balance Sheet

A few years ago, I was just filing papers in my cabinet, but not purging along the way. So much is done electronically now, but there are documents where a paper copy is needed. This final number will help to lower your capital gains tax. Are your financial documents piled up in the corner of your office or under your desk?

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Save Money – Develop Important Home Owner Skills

Prairie Eco-Thrifter

Perhaps the county appraiser raised the appraised value of your home, thereby raising the taxes. You will want to know how to challenge the new appraisal and avoid spending more tax money. Sometimes the most financially rewarding scenario is to donate it to a tax deductible charity! Record Keeping.

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Our Green & Money Savvy Path

Prairie Eco-Thrifter

Money changes we’ve made : Do our own taxes online. Eliminated paper statements. Donated to sustainable charities. Eliminated magazine subscriptions and junk mail. Exercise at home instead of driving to and from the gym. Use internet and telephone banking. Invested in sustainable companies.

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How to Use a Credit Card to Save the World

Prairie Eco-Thrifter

Using a credit card can help save trees by removing the need to use paper. If you like to use paper statements as hard copy back-ups, see if your bank offers the ability to store back-up copies on your hard drive. Unless you need the receipt for business or tax purposes, you are just going to throw it out anyway. Save the paper.