How long should receipts be kept? (Pastors)

W-2s should be kept forever, and all other receipts, statements, bills, check stubs, etc. should be kept for 3 years. Any receipts relating to capital expenditures or improvements (home improvements) should be kept for 3 years after the sale of a home. Any receipts or documents relating to investments or investment properties should be kept for 3 years after selling or disposing of the investment.

Attention: Tax Law is subject to interpretation. Please be advised that the material contained on this Web site is for information only and is not intended to be a substitute for professional legal advice. The Stewardship Services Foundation endeavors to update the information on this site on a regular basis, but cannot guarantee its accuracy at all times.