Tuesday, January 5, 2010

Organizing Paperwork--Reduce, Recycle

 Today and in the following weeks I will explain the paper management strategies I think are good because they can be adapted to any organizing style and do not require specific systems to be purchased. 

At once recycle or discard anything that does not have your name on it.  If it is addressed to Occupant, Neighbor, Resident, etc. then don't bother to open it.  Remove any catalogues you did not order.  Remove any items that have been replaced with a more up to date issue such as magazines, insurance policies, membership information and cards, and anything not related to legal or financial accounts.

Check with the IRS at http://www.irs.gov/ for tax related documents that you may need to keep.  Usually legal documents should be kept forever, and only keep end of the year financial and payroll statements unless there are errors that need to be documented.

If you have concerns or questions about any particular document, contact your accountant or financial advisor for specific advice.  More detailed information on retention guidelines and other paper management are in my book, Orderly Places, which is available from my website and Amazon.com.

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