Hands down, the number one question I hear from seminar attendees is "What paperwork can I keep and what can I throw away?" I am always very reluctant to answer this question, as it really varies on the individual's situation. In addition, I am not a CPA (Certified Public Accountant) or an attorney.
Ann Arbor based CPA, Ms. Holly Hall Polopolos, addressed the issue of tax records in her April 2008 e-newsletter. I hope my readers will find her information useful.