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Being Organized at Tax Time Can Save Time
and Money
For many people, the approach of April 15 means
a mad scramble to gather receipts, bank records and other papers needed to
prepare tax returns. Once the returns are safely in the mail, they store their
important papers in drawers, shoe boxes and other spots-until the next tax
season, when they scramble once again.
This year, why not break the habit of
disorganization, and use tax time as an opportunity to permanently give order
to your personal and financial affairs? In the case of papers and belongings
that are valuable or irreplaceable, the best storage is in an Underwriters
Laboratories (UL) classified fire-resistant storage container.
What should you put in your fire-protective
container-and how long should it stay there? Here are the guidelines
for some of the most common documents:

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