Tax Records You can TOSS!!
By melanie652
@melanie652 (2524)
United States
June 28, 2007 5:03pm CST
I saw this great article on msn.com and wanted to share:
http://articles.moneycentral.msn.com/Taxes/AvoidAnAudit/TaxRecordsYouCanToss.aspx?GT1=10120
If you're like I am, you wonder how long you should keep your tax records, what can be tossed, what you should keep, etc. I found this article so helpful, I thought others would too.
I have every single one of my tax returns starting from my first job almost 30 years ago. Uuuuuggghhhhh. Glad to know I can safely have a bonfire now without the worry of the IRS knocking on my door tomorrow! LOL
What about you? What have you done with your mountains of paperwork over the years?!
1 person likes this
2 responses
@LCecelia (1124)
• United States
28 Jun 07
It funny that you've brought this up now. Since last October when I moved a number of boxes out of my closet I've been meaning to go through and get rid of stuff. I finally started last week and I made a really good dent in it already.
I'm determined NOT to put them back in the closet as I refuse to have to go through them if and when I move again.
2 people like this
@melanie652 (2524)
• United States
29 Jun 07
The great thing about moving I've found is - each time you move you throw out more stuff so you have less to move! LOL
1 person likes this
@paidreader (5143)
• United States
4 Jul 07
I keep my receipts for at least 10 years, but there are some that only have to be kept for 7. I recently had to go thru several boxes I had in storage and was able to get rid of a few completely. I'm glad I invested in a shredder since there are so many reports of identity theft but to be on the safe side, I try to burn the shredded documents too. You can't be too careful anymore.
@melanie652 (2524)
• United States
4 Jul 07
You're right - you can't be too careful. I usually burn anything with any personal information on it too.
