Paper organizing has become such a big thing that entire businesses have been built around collecting and organizing paper. Just look at how many Staples and Office Depot’s are in your area. As you walk though the isles you will see row after row of containers and file folders to hold all of the paper that we feel that we need.
When I look at my own papers for my office I have several different systems going on and I will talk about that in later newsletters but for now I want to give you a list of papers that you need to keep indefinitely and store them with folders where you can find them again. In other words don’t send these to the shred pile ok?
Here they are:
* Income tax returns
* Income tax payment checks
* Investment trade confirmations and statements that indicate buying and selling
* Important correspondence
* Legal documents
* Retirement and Pension records
* CPA audit records
Remember that this list is just a guideline and you should always consult your tax and financial planner for legal stipulations when you store these and other records.