Tax filing time is fast approaching for businesses and individuals. Now is a good time to start collecting and organizing all your 2012 accounting and financial records and putting them in proper order, if you have not done so already. File folders or large manila-type envelopes organized and labeled with subject matter categories or months are an ideal way to organize your financial records. If you made a major purchase during the year — like a home, a car, a major piece of business equipment — make copies of all the major financial records related to those transactions and keep complete sets in different locations (i.e. a set at home, a set at your office or mother’s home, a set in a safe deposit box at the bank).
