So tomorrow is the deadline for filing your taxes in the US. But now that you have compiled all the information how to store it? Do you stuff them back in a box and hope that you can find them if you are ever audited?
and business or rental property — should be kept longer.
For more information on what kinds of records to keep, see IRS Publication 552, Recordkeeping for Individuals, which is available on the IRS website at http://www.irs.gov or by calling 800-TAX-FORM (800-829-3676).
I personally suggest that you use the seven-year rule: By using this rule anything 2009 or earlier. – You can shred this year. Since this the tax year for 2016.
Did you know that you can scan your documents and store them on a zip drive? Well, you can. Because the IRS actually does accept scanned documents?
So a great space saver is to use a large scanner with a document feeder and scan all your tax document. Save them to a ZIP drive by year, write the year on the drive itself and then store the drive in a fireproof box.
Even if you don’t scan your documents make you can put them in a large envelope and clearly mark the year on the outside of the envelope. Now is a good time to also mark the shred date (7 years later) on the outside of the envelope as well.
Now that is over so to make you feel better here is a cute dog picture. I know right? A dog wearing beads. Cute!!
Hello, I’m talking to you.
Trash goes in the trash. Not on the counter, not on the dryer not on the table.
If it is trash put it in the trash can.
Look around do you see trash? Why? Remember when we talked about put it away not down. Well, trash belongs in the trash.
Do you need to review: Don’t put that down!.
You need a trash receptacle in ever room. You will be more likely to throw it away if you don’t have to make a special trip. So what are you waiting for?
You can cut down the clutter but just by throwing out the trash.