That dreaded time of year is here again: tax day! Don’t be caught off guard with missing or forgotten paperwork. What you need depends on who you are. What makes you YOU? Talk to your accountant, tax preparer or lawyer about paperwork that specifically pertains to you.
Paperwork could include:
· Tax forms from work or investment accounts
· Information for property taxes
· Student loans
· Deductibles (for work, medical expenses or donations)
Also, you don’t need to hang onto things for an extremely long time. Professionals say to only hang on to paperwork, like statements from the bank, for seven years.