Posts Tagged ‘Financial Records’

Tax records: Save them or Shred them?

Friday, April 22nd, 2011

Tax day is over. Now it’s time to find the top of your desk.

If you’re like most people, your home office is littered with 1099s, W-2s, letters from charities and other detritus used to prepare a tax return. Most of us are terrified to dispose of these documents, and for good reason: In an IRS audit, “The dog ate my credit card receipt” is not an excuse. It’s not necessary to hang on to everything. In fact, keeping too many documents could make it difficult to find what you really need. Here’s a look at what you should save and what you can shred:

Read More » [USA Today]

Where To Keep Your Important Financial Records

Monday, January 24th, 2011

We all have financial records, whether they’re pay stubs, tax returns, or receipts that we’re using for tax write-offs. Although many of us are now using personal finance software, there still isn’t a one-stop solution to track all your finances. So, should you use online storage, or just keep hard copies?

There are no easy answers, but here are a few options to keep in mind.

Read Full Article » [Yahoo News]