Clutter. Few of us can get away from it. There always seems to be something that we're holding to and some reason to keep it. Whether it's because you don't know if you'll ever need it again or because you have some sort of sentimental attachment to it, the reality adds up to a lot of stuff that really doesn't need to crowd your home. But while it might not be easy to get rid of your old jeans from high school, it seems less likely that you've formed the same sort of emotional bond to your tax records. If you're tired of opening a file cabinet and feeling like it's exploding in unorganized madness every time tax season rolls around, see how you can start to clear it up with the help of mobile shredding. 

Which records should you keep for tax purposes, and how long should you keep them? The question causes confusion every year during tax season, in part because so many different rules apply.

One of the most important components of a business is being able to protect data. A good way to do this is by shredding any paper documents or electronic files. Knowing how safely conduct document destruction methods will not only protect the business but adds credibility for your customers. There are certain regulatory protocols to be met, and shredding helps keep security at optimal levels.

While most people now keep tax documents on their computers, some still keep the documents in paper files. The 2020 tax season was delayed by moving the filing date to July, so it’s tax season for those who did not file their taxes in April. As you file your current year’s tax documents, you should go through your files, especially paper files, to get ready to shred old tax documents and those you do not need to keep. If you do keep a paper file, be sure you keep it in a secure place. You should also have separate files for each year so that you can find the information when you need it.

In today’s climate of identity theft, it’s important to dispose of sensitive documents the right way. There are many options for document destruction but having a solution that allows you to monitor what’s going on can save time and money. Partnering with a mobile shredding services company can provide peace of mind and assist your risk management team in ensuring the process is smooth and confidentiality is protected.