How long should receipts be kept? (Pastors)

W-2?s should be kept forever, and all other receipts, statements, bills, check stubs, etc. should be kept for six years. Any receipts relating to capital expenditures or improvements (home improvements) should be kept for 6 years after the sell of a home. Any receipts or documents relating to investments or investment properties should be kept for 6 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.