Easy Time Saving Tips for Organizing Tax Filing In order to make this time of year a breeze, and help plan and organize for next year's tax season, DYMO and NAPO (National Organization of Professional Organizers) offer the following tips:

Have income, expenses and deductibles clearly organized before starting the tax return process.

The first thing that you can do to better prepare your 2007 tax return is to look back at your 2006 tax return. Note all income and deductions that you claimed.

If you haven't been organizing your documents throughout the year, start out by creating a file folder labeled "Tax 2007 Information". This should include all annual statements including W-2's or 1099's, bank statements, investments and any other taxable income documentation. This will provide easy access to your documents.

Create and label a "Tax 2007 Deductions" folder. This should include documentation for all deductions you plan on taking. This can include mortgage interest, business expenses, childcare costs and many others. Check the IRS website at www.irs.gov for more.

If you are using outside help, like an accountant, call and review all miscellaneous information that they may need to do your specific tax return. Organize and label these file folders for easy access.

If you are mailing your tax return, make sure to create a computer-generated label for quick and effective delivery and always send your return with a return receipt or tracking option.

When the Tax return process is complete, gather all 2007 financial information and copies of your returns and archive them in an expandable file folder or a bankers box. Make sure to label what year these archives are for quick access later.

Think about next year's tax return now. How can you be better prepared? Label specific folders for your 2008 Tax return so you can be ready for it.

Think about purchasing financial software. By starting to prepare now by entering monthly financial information for your next years return you can make the process even faster.

Finally, plan on keeping records of taxes, expenses, securities and any other documents at least 3 years and in some cases, up to seven years.

For over 40 years, DYMO has helped people in the home and business organize and identify their worlds with easy to use label printing products. DYMO produces a variety of labeling solutions to help you identify your documents, files and folders at tax time, and throughout the year. Our handheld, desktop and PC connected label makers allow for simple and convenient label creation for files, folders, boxes, mailing labels, package labels and many other needs.

Information on completing your taxes, along with tips and forms can be found at the IRS web site at www.irs.gov.