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
“Ever had nasty words spread about you at work? And were those words published as front-page news in Politico, with your colleagues describing you as “a source of widespread frustration and anxiety,”...”
Personal trainer extraordinaire and former The Biggest Loser star Jillian Michae...
from The Nest Blog » house & home
Many women can’t stomach large and sometimes smelly prenatal vitamins. Bu...
If you love what celebrity designer Windsor Smith did to Gwyneth Paltrow's ...
from POPSUGAR Home
So. Much. Cheese. Read more: How the French Eat , French Life ,...
from Tastepartner on The Huffington Post
from HuffPost Home - The Huffington Post
California wild grape is known best for its sensational fall colors, but it is...