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Q. HOW LONG SHOULD I KEEP MY PERSONAL RECORDS?

A.
Tax Returns and Related Documentation - 7 years from the date of filing

Pay Stubs - 1 year (so you can match them to your W-2)

Home and Auto Titles - As long as you own the home or Auto

Home Improvement Receipts - As long as you own the home

Bank Statements & Canceled checks - 6 years

Sales Receipts & Warranties - For insurance purposes, hold on to receipts for expensive items indefinitely, and for warranties, keep them until they expire.

Q.  WHO CAN QUALIFY TO CLAIM "HEAD OF HOUSEHOLD" STATUS?

A. 
You may qualify to claim "Head of Household" if:
- You were legally single at the end of the year; and
- You maintained a home for over half of the year which was the principal place of abode for another qualifying individual.

More questions will be added soon, so please check back.  In the meantime, you can send us an e-mail and we would be happy to include your FAQ on this site.

 
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