Document Disposal Day Scheduled for Peotone
Beecher, Illinois (August 31, 2013) - On September 14, 2013, we will host our semi-annual Document Disposal Day at our Peotone Financial Center from 9-11:00 a.m. We invite everyone to bring their unneeded confidential information to be shredded on site for free. Shredding your personal information will greatly reduce the risk of it being obtained in order to steal your identity.
One often-asked question is "how long should I keep my information/records/documents etc.? The answer is it depends on the document. According the Internal Revenue Service, "you must keep your records that support an item of income or deductions on a tax return until the period of limitations for that return runs out. The period of limitations is the period of time in which you can amend your return to claim a credit or refund or the IRS can assess additional tax."
When your records are no longer needed for tax purposes, do not discard them until you check to see if you have to keep them longer for other purposes. For example, your insurance company or creditors may require you to keep them longer than the IRS does. If you determine that you no longer need certain documents, it is always recommended that you destroy them to prevent others from obtaining that information. Shredding is the recommended way of destroying documents.
Mark September 14 on the calendar and visit us in Peotone to destroy your confidential information along with any chance of it being misused to compromise your identity. For more information, please call us at 708/258-0530 or 708/946-2246.