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Financial Planning / Tax Strategies


Subject:  Re: 12 Year Old State Tax Bill Date:  4/14/2013  10:56 AM
Author:  wrjohnston91283 Number:  118422 of 127617

Is it normal for states to go so far back? Now I'm rethinking the whole 'Keep Documents Until ____', as per this notice, I assume I'd need to keep paperwork forever! UGH!

I know this doesn't help you, but here's a good reason to scan in your financial documents so you can keep for decades without worrying about physically storing them. I back up regularly, and every so often burn a copy of "My Documents/Finance" to a dvd and keep it at my parents. I'd be more concerned about the paper documents getting lost / damaged at this point than I would about the electronic files getting corrupted/ lost.

We're moving last this summer, and I've started going through my remaining paper copies to scan everything in so we don't need to worry about paper.

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