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Article Date:
July 2006


Word Count:
328

 

 

IRS Says Protect Your Tax Records—It’s Hurricane Time


Seldom do you think of the IRS as Johnny-on-the-spot, but Fact Sheet 2006-19 does a good job of bringing some of today’s technology to the process of safeguarding your records. You can read the entire fact sheet at http://www.irs.gov. Here we summarize the best practices to follow:

 

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Do your banking online and keep electronic copies of your bank statements (e.g., print to a PDF document).

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Scan W-2s and 1099s.

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Keep records in a fire- and waterproof cabinet.

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Photograph or videotape the valuables in your ... Log in to view full article.

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