Many people often want to live in a paper free home, but often times that may not be the best idea when getting ready to file taxes. So those commonly heard questions of
1. What papers should I keep?
2. How long should I keep those papers?
Silene Walters of Walters Accounting explains on Connecting Women Radio what kinds of papers a taxpayer should keep and how long. Listen to the interview here.
Also, Yahoo! Finance offers a great article on those commonly heard questions above: Paper Records: What to Toss, What to Keep