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Old 07-13-2015, 05:57 AM   #15
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I have a question about what retirees do when they full time with all their past tax info especially those that were self employed and have to keep all those expenses and information for their taxes from their business they filed for the past 7 years.
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Old 07-13-2015, 10:10 AM   #16
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I have a question about what retirees do when they full time with all their past tax info especially those that were self employed and have to keep all those expenses and information for their taxes from their business they filed for the past 7 years.
Scan it in and just keep electronic copies.

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Old 07-13-2015, 10:15 AM   #17
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Congrats. Enjoy and Be Safe!
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Old 07-13-2015, 06:31 PM   #18
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Scan it in and just keep electronic copies. Barb
X2
Yep, scan them in. I'm also in the process of taking all my paper pictures we found in the basement and digitize them.
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Old 07-13-2015, 09:14 PM   #19
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I'm talking of 7 years of receipts of expenses. I do use a program but do not have all receipts scanned for 7 years. I can scan my IRS Forms and my expenses but scan 7 years of receipts? I'd be doing that for the next 7 years LOL We are self employed and have a lot of expenses each year.
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Old 07-14-2015, 08:25 AM   #20
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Well you really only have 2 choices, scan them in or carry the paper with you. You've had 2 suggestions on scanning in. If you don't want to do that, at least scan in new receipts as you get them and then each year dump the oldest tax receipts. In 7 years you'll have it all digital.

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Old 07-14-2015, 09:31 PM   #21
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If scanning is too big of a project, can you put them in a safe deposit box and have a family member send them to you, if needed? Or just store them with the family member. Ourselves, we just carried them with us. Hopefully, yours won't be needed.
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Old 07-15-2015, 09:42 AM   #22
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I have a program that I put my expenses in but it does show the actual invoice. I just have all the info in the computer and then print out all the expenses. But if we retire now then I have 7 years of expense invoices to retain. The tax forms isn't a problem. That can be done in a few hours. All my expenses in a report and the tax forms. It's the bulky expenses receipts that I'm having a problem with.
My kids LOL They are griping about the stuff I have to leave behind already. Maybe I'll tow a trailer on my 5er just for IRS stuff. *S* I have photos to get stored also. Looking into a photo scanner. I don't know if selling everything and going full time is worth all this work. Grrrr Can anyone say flat tax?
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Old 07-15-2015, 09:26 PM   #23
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Trust me. It will all be worth your efforts when you begin your new lifestyle.

I see you might be in Florida. I just did a quick 'Google' for document storage to give you another option.

http://www.flacrm.com/Document-Storage/
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Old 07-16-2015, 05:09 AM   #24
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Trust me. It will all be worth your efforts when you begin your new lifestyle.

I see you might be in Florida. I just did a quick 'Google' for document storage to give you another option.

Florida Document Storage Solutions, Medical Record Storage | Certified Records Management | www.flacrm.com

Thank you I will check into this. I know IRS wants all receipts. Only politicians can get away with ignoring them LOL
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