SUBSCRIBE
Enter your Name and Email address to get
the newsletter delivered to your inbox.
Please include name of person that directed you to my online newsletter so I can thank them personally.
Rochester
1214 North Main Street
Rochester, MI 48307
(248) 601-9500
Lapeer
951 S. Main Street, Suite 3
Lapeer, MI 48446
(810) 664-4470
August 2020
Document Management
Begin organizing financial paperwork by understanding how long you need to keep the following records, courtesy of the IRS, but you can also use it as a guide to reduce other financial records:
- Three years for most records if you have reported all your income.
- Four years for employment tax records.
- Six years if you under-report at least 25% of your income.
- Seven years if you filed a claim for worthless securities or bad debt.
- Indefinitely for years when you didn’t file a tax return or filed a fraudulent one.
Now, put all of your insurance, investment and legal documents in a safe place and tell loved ones where they can find them.
CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.