Practical Technology to Use During Tax Preparation

Technology can be very useful for assisting with your tax preparation needs. It can be overwhelming to think of your expenses throughout the year and keeping a shoebox full of receipts gets unorganized. Using an excel spreadsheet to track your expenses monthly is a great way to stay organized whether it be for your business, farm, or personal expenses. Create columns for each expense, update your sheet as needed, and at the end of the year you have a quick sheet to send to your CPA. This is one very practical way to integrate technology into your tax preparation.