T
Timedess
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well... i confessed to being a clutterbug in that thread.... i am still in need of going through the office... pray for me as i tackle that this week!
but... i really wanted to address this 'how long should we keep old bills' question.... i was told years ago by a tax consultant, to keep ANY records from self-employment for AT LEAST TEN YEARS, preferrably forever just in case.... i asked about 'regular bills- like utility bills' and was told two years should cover it.... NOT!!!
if anyone has read my thread on the 'bogus debt collection' in the countryside families board, you'll know what i'm talking about.... (i'll be posting an update there soon)... find out what the STATUTE OF LIMITATIONS is in your state for utility bills, and keep them THAT long.... in oklahoma it is 7 years. different states have different statutes of limitations.
personally, i have a goal to sort all of the 'kept' bills that i still have (that have survived other declutterings :haha: ) and file them, with payment info such as bank account and check #, in separate-but-together files that i can easily access but which are not IN THE WAY! i WILL go back ten years- if i can- and get my current bills up to date and organized as i can get them....
like i said, pray for me this week.......
but... i really wanted to address this 'how long should we keep old bills' question.... i was told years ago by a tax consultant, to keep ANY records from self-employment for AT LEAST TEN YEARS, preferrably forever just in case.... i asked about 'regular bills- like utility bills' and was told two years should cover it.... NOT!!!
if anyone has read my thread on the 'bogus debt collection' in the countryside families board, you'll know what i'm talking about.... (i'll be posting an update there soon)... find out what the STATUTE OF LIMITATIONS is in your state for utility bills, and keep them THAT long.... in oklahoma it is 7 years. different states have different statutes of limitations.
personally, i have a goal to sort all of the 'kept' bills that i still have (that have survived other declutterings :haha: ) and file them, with payment info such as bank account and check #, in separate-but-together files that i can easily access but which are not IN THE WAY! i WILL go back ten years- if i can- and get my current bills up to date and organized as i can get them....
like i said, pray for me this week.......