Systems for Organizing Your Mail
Preserve Tax Records
- Each tax season, go through your file and toss what's no longer needed. Keep tax returns indefinitely (or for at least seven years), but you can discard supporting documents, like phone bills, after six years, says David Wiesenberg, C.P.A., of Studio City, California.
- Also keep information on assets indefinitely, even after disposing of them, the IRS advises. You'll need it for calculating property depreciation or profit or loss from stock or fund sales.
- A scanner can be a paper-reducing miracle: Scan things like utility bills onto your hard drive, save them on a rewritable CD as backup, and pitch records you'll probably never need again (though not documents relating to assets; you may need the originals one day).
Most Popular Galleries
“Want to ace your next big meeting or job interview? Try this two-minute life hack, brought to you by Amy Cuddy, a social psychologist and professor and researcher at Harvard Business School, in a TED...”
It may still be colder than a winter’s bone outside, but that doesn’t mean we’re...
from The Nest Blog » house & home
Sen. Joe Manchin is calling on the government's top health official to overturn...
Prince William and Kate Middleton don't always vacation alone together, but...
from POPSUGAR Home
Ottolenghi is a lucky man. Read more: Tastemakers , Ottolenghi ...
from Tastepartner on The Huffington Post
from HuffPost Home - The Huffington Post
We gardeners are a diverse, passion-driven crowd. There is no one size fits all...