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how long should you keep old credit card bills
The Internal Revenue Service recommends that you keep all the deductions and income documents for at least three years. Keep credit card receipts are not required as long as you have other documents of sale such as your filing folders in your Merchant Account or your receipts. However, if you want to claim a chargeback from your taxes, having the original receipt or a copy can help verify the loss if the IRS selects your return for an audit.

clear bad credit for a very low income person
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pay off a large credit card debt
The key is to automate your payments. Log into your online account and set up payments in the amount required to pay your balance faster recurring - and affordable - as possible. Your credit card statement will list the monthly payment required to pay off your debt in three years. So you can use this amount if a period of one year is unrealistic. Then, put your cards away so you can not use them and accumulate more debt.

how long should a person keep credit card statements
How long should you keep sensitive documents? Canceled checks can be destroyed after one year, unless they contain tax information. Save credit, debit, and ATM receipts until the transaction appears on your next statement and you have verified the information is accurate. Credit card statements and bank account may be discarded after one year provided that the statements do not contain any deductible tax information ( see below). Remaining statements should be kept for up to seven years. ...

claim the 529 tax credit in indiana
Indiana residents can reduce their taxes on state income by contributing to a " CollegeChoice " Indiana 529 plan. These plans are savings plans called " qualified tuition plans. " The account holders contribute to 529 plans and investments can grow in tax-deferred accounts. If beneficiaries use their products for the cost of eligible studies, withdrawals are not subject to federal income tax. Although most states provide tax deductions for their residents, Indiana offers its residents a...


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