Excellent! I'm always amazed at how much paper there is to ditch at the end of the year.
Let's see I Keep- *7 years of banking and IRS records. (IRS can only investigate back 7 years)
*current year of credit card, utilities bills, etc.
*one year of medical receipts especially since I have one of those medical savings plans. Or just current year to be sure claims are paid.
Also keep- *All of your investment statements so when you go to sell stocks you don't have to pay to recreate the information for gains/loss reporting on your income taxes.
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timeasmymeasure
no subject
Date: 2008-04-15 10:27 am (UTC)I'm always amazed at how much paper there is to ditch at the end of the year.
Let's see I Keep-
*7 years of banking and IRS records.
(IRS can only investigate back 7 years)
*current year of credit card, utilities bills, etc.
*one year of medical receipts especially since I have one of those medical savings plans. Or just current year to be sure claims are paid.
Also keep-
*All of your investment statements so when you go to sell stocks you don't have to pay to recreate the information for gains/loss reporting on your income taxes.