The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/paid-bills-go-in-this-years-box-with-tax-items-21135387.aspx

Subject:  Re: Do you keep every receipt? Date:  8/9/2004  5:04 PM
Author:  BillyBarueFool Number:  72781 of 121180

Paid bills go in this year's box, with tax items highlighted.

When I go through this year's box to do the taxes, anything that won't possibly be needed, e.g. utility statements, is trashed.


Phil - can I ask - how big are these 'boxes'?

I generally trash every receipt after reconciling with the CC statement. I will save big ticket items, but that isn't very often. I'll purge files after they've grown to be 'to big'.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us