There are several things you can do to streamline your financials and free your mind to focus on making the grade as a free agent. Jan Zobel, an independent tax specialist, helps free self-employed people and independent contractors from shoeboxes stuffed with receipts and taxing IRS audits. She has these suggestions for managing your money.
Time is money.
File your old appointment book, calendar, or daily planner away with your financial information and tax materials. You can use your schedule to clarify and verify receipts and other records of travel mileage, telephone expenses, and other business expenditures. Every week, his appointment book showed going here to there. The devil is in the details. Record every deposit made to your bank accounts.