article thumbnail

How Long Should You Keep Financial Documents

Family Balance Sheet

Are your financial documents piled up in the corner of your office or under your desk? So much is done electronically now, but there are documents where a paper copy is needed. You should keep any credit card receipts to match up with your statement. This final number will help to lower your capital gains tax.

article thumbnail

12 Awesome Apps To Use With Home Business Taxes

Coupons Do Work

It is that time again, for Taxes and with more and more people having their own companies, or running their business from the home, there are TONS of Apps to help you prepare your taxes! Here are the 12 best ones to help you track expenses, prepare your taxes AND manage your books. Tax portal. Accounting and tax help.

Taxes 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Start a Business in 15 Steps

Savings Corner

This document should include details of the products or services you plan to offer, how you plan to make money, who you need on your team and more. Choose a business structure The legal structure of your business can affect everything from your taxes to what you’re liable for. See your loan options with Fundera by NerdWallet 8.

Finance 52
article thumbnail

How To Get A Business Loan In 6 Steps

Savings Corner

Gather required documents Lenders not only need to know your business’s financial standing and legal status, but they also want documentation on how you plan to use the loan and its expected effect on your business. Your lender should have a full list of required documents for the business loan when you apply. Legal documents.

Bank 40
article thumbnail

How I Organize My Paper Files and Filing Cabinet

Family Balance Sheet

During that process, I researched and reported back to you how long you should keep your financial documents. I use hanging files with tabs and manila folders to divide my categories and sub-files, depending on the amount of documents that I am storing. Major Category: Taxes - I have a sub-file for each year.

Paper 147
article thumbnail

How to Save on Rental Cars

Prairie Eco-Thrifter

The sales tax, plus the ongoing higher property tax and insurance are really turning him off – and the van does fine if we drive it locally or just for a few hours to the lake. Airports are notorious for tacking on fees and taxes. Make sure the sites are including everything, including all taxes and fees.

article thumbnail

HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. HELOCs (home equity lines of credit) come with variable interest rates and fluctuating monthly payments (like credit cards). HELOC: What is it?

Home 52