For most of us, recordkeeping is one of the least-liked chores, no matter how important and necessary. Many of us just don’t believe we have the time or personality to be involved in the recordkeeping side of life.
For those of us who give it a try, we may choose a recordkeeping system that is just too complicated, even for our business needs. Keep in mind that difficulties with office organization, records and document management can waste up to 150 hours per year!
How would you like to save about 150 hours per year? To be practical, the system and environment you choose needs to accommodate your current situation with room to grow. Keep in mind, for a business or investments, the IRS may require you to save those records from six to 10 years! Check out the IRS recordkeeping information, particularly for a business or property. With patience, important professional advice and appropriate help, you will find a way to pace yourself.
