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3 Simple Office Supplies for Smooth Tax Prep

Family Balance Sheet

For our personal tax returns, I keep an ongoing "Taxes" file for any paper work that we need to support our tax deductions, such charity receipts, Goodwill donations receipts, real estate and school tax statements, year-end statements for mortgage interest, student loan interest, interest-bearing checking and savings accounts.

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How Long Should You Keep Financial Documents

Family Balance Sheet

If you are not printing it, you should still review it closely for any discrepancies and unnecessary or incorrect fees. Thanks for reading. Credit Card Statements - These can also be found online, so I'm not sure a paper copy is necessary, unless you need it for documentation for tax deductions, then see Taxes below.