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What to Keep for Taxes
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Filing taxes is an important step to complete after every tax year, and it can be done by filling out eith… More
When you make out the payroll checks, there are some deductions that the employee gets before you take out… More
To file taxes accurately, keep payroll stubs, 1099 forms, W2s, receipts for everything that was spent and … More
Thousands of people owe back taxes to the IRS. Many people do not communicate with the IRS to discuss clea… More
You know the old saying about death and taxes. Well, it's true: taxes are an inescapable part of life, so … More
Calculating earnings and taxes requires taking all wages into account, such as contract work that has nece… More
One benefit of renting a house is not having to pay property taxes, but only homeowners are able to reduce… More
Getting an extension to file taxes requires filing a 4868 form by April 15th, which extends the deadline f… More
There are two ways you can file your taxes. You can choose the easiest way for you to file your tax return… More
The penalties for not filing taxes include a late filing penalty and a late payment penalty, both of which… More
Filing taxes electronically can be done through many online services, and the tax refund will reach the in… More
Sometimes there are circumstances that happen beyond your control that cause you to file late taxes. It ha… More
Organization and good record keeping is the main secret to saving money on taxes. Understand what type of … More
When filing income taxes, claim deductions for health savings account contributions, retirement account co… More
To file taxes as a single person, simply check the "single" box in the personal information section of the… More
Summary: To file taxes accurately, keep payroll stubs, 1099 forms, W2s, receipts for everything that was spent and a record of any currency gains or losses. Put all tax information in ledger form to make it easy for the IRS to read with advice from a financial adviser in this free video on doing taxes.
Roger Groh is the founder of Groh Asset Management. He manages portfolios for many types of customers, including customers seeking growth, income, stability or international customers.read more
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"Are you ready to do your taxes for 2008? Hi, this is Roger Groh, of Groh Asset Management. Today, we're here to talk about what you ought to keep, in terms of your records, so that you can provide the Internal Revenue Service, an accurate picture of what you've earned, and whatever write offs that might exist. A few key documents, number one, keep your payroll stubs. Number two, take your 1099s. Number three, take your W2s. Number four, keep all your receipts for everything that you spent, and last, but not least, keep a record of any currency gains or losses, that you might have experienced during the year. Even though you may not have sold that, you can still recognize them for a loss. Other idea, put it in ledger form, make it easy for the IRS to read it, and make sure it's all dated. Hope that helps. I'm Roger Groh, with Groh Asset. Thank you very much for spending time with me."
eHow Article: What to Keep for Taxes
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