The other day I was working with a client and a quintessential filing moment happened. It started out like all appointments, I learned what was working, not working, etc. Then I explained to her the FreedomFiler, which we use nearly exclusively with all clients, and taught her the basic principles of the system. I explained the reason it works so we well is because you file your paper according to use. Makes sense, right? Oh and did I mention she is a bookkeeper?

Then we started creating her files based on her specific needs. As we reviewed her paper we came across a medical receipt from last year (2007) that she did not report on her taxes. Why, because it was with her medical records and she forgot it was there. Using the FreedomFiler, this medical receipt would have been in the tax section. She would not have had to “remember” it, it would have just been there with her other write-offs.
Can’t explain it any better than that. We have too much on our plates to remember everything, especially little details. By using the tools available to us, you can avoid losing on 20% of write-offs because they are in the wrong place.
My client now has all her receipts in her tax section and she is all set for tax season 2008. To order a FreedomFiler, go to www.freedomfiler.com and use our coupon code with our compliments. Contact us to get our coupon code for a discount!