How Long To Keep Your Tax Returns and Records
Before I started doing my taxes myself, I had a CPA and each year I would receive a manila folder from him that was almost an inch thick containing a copy of my tax return and all the supporting worksheets. I think that was his way of justifying how much I was paying him for tax services. That folder would join the other folders from previous years in a big file cabinet never to be taken out again… until last fall when I had to move the cabinet to paint the room.
Maybe you are in a similar situation and have years or even decades of previous tax returns and receipts taking up your shelves and are wondering how long you need to keep them around in case you need them.
Thinking of going abroad this summer for vacation? If you are a first-time passport applicant, you may want to apply early if you want to save some money.
Perhaps your parents are taking you off their auto insurance policy now that you’ve graduated from college or you’ve been paying for your auto insurance for years without a second thought of what you are paying for or what you actually are getting. Auto insurance doesn’t have to be confusing.
As a self-employed individual for the majority of my adult life, I’ve found there are many perks of self-employment. But one thing that may keep some people from taking the leap to being their own boss is the lack of an employer-sponsored retirement plan such as a 401k.
It’s that time of the year again that no one looks forward to. 1099’s are showing up in the mailbox which means tax season is right around the corner.
A few weeks ago I found a nice desk on Craigslist that someone was giving away for free. It was perfect for the office my brother was planning to lease, so we headed out to pick it up. The person who was giving it away lived about 30 miles away and Google Maps showed that it would take 50 minutes to drive there. Only it was 6 PM and the middle of rush hour. By the time we got there it was over an hour and a half later with a lot of time sitting in bumper-to-bumper traffic.
For many people, starting up their ice cube of a car and letting it warm up a bit is something that we don’t really think about because it was something that’s always been done. Our parents did it because their parents did it or you hear how someone had a friend who didn’t warm up their car and the engine blew up and so on.
In our daily lives it’s hard to imagine there is anything that we use more than our eyes. For those of us who don’t have perfect vision, eyeglasses are a must-have item that we put on first thing in the morning and only take off when we climb back into bed at night.
Does your iPhone feel like it is running slower than when it was new or is it just your imagination?
We are all busy these days. There are new emails waiting to be checked, Netflix shows to binge watch, Instagram updates from friends of what they had for lunch, or The Donald’s latest tweets to read. With so many things vying for our attention, automatic bill payments can be really appealing. You spend five minutes setting it up, and you never have to see or manually pay another bill again!