Capital Advisory Group - April 2020

119 Old State Rd., Ellisville, MO 63021 THE WEALTH ZONE April Organization Brings May Freedom KEEP SHREDDING IT! APR 2020

Last year, your efforts saved 35 trees and recycled over 2 tons of paper. Isn’t that impressive? Give yourself a pat on the back, get your outdated documents organized, and come join us this year! For some guidance on what can be disposed of, the IRS recommends that you keep supporting documents for at least four years after your return has been filed.This can include bills, credit cards, invoices, proofs of payment, or proofs of donations.The three-year guideline also applies to property that you’ve sold in the last three years.This may include home purchases and home improvement costs, stocks, investments, and individual retirement account transactions. For business owners, you’ll want to keep all of your employment tax records for at least four years after the tax is due or is paid — whichever comes later. You’ll also want to hang onto records relating to gross receipts, expenses, assets, and proofs of purchase.These may include receipt books, invoices, cash register tapes, and sales slips.The records can also extend to databases, saved files, and emails. To keep everything in order, use labeled, hanging files organized by year and category to make it easy to find. If you ever do receive a notice from the IRS, give us a call. You’ll be able to respond

Happy spring! Doesn’t it feel great to know we’re headed toward longer, warmer days? There’s a lot to be excited about this season. For one, we are well on our way to wrapping up taxes and getting them filed. By now, you’ve probably passed everything over to us and can rest easy knowing we’ll take care of the rest. Once you’ve passed it all off, you can say au revoir to your 2019 taxes and hello to a great spring season! We’re also so excited to announce our eighth annual Shred Day! Taking place April 18, 2020, we’ll have everything ready to shred your outdated documents. Join us from 10 a.m. to 12:30 p.m. at our office in Ellisville for the party. On-site shredding services are provided by Pro-Shred, a locally owned document shredding service where professionals securely dispose of your sensitive documents. Each year following the event, they give us a “Certificate of Destruction” that lets us know the positive impact we’ve had on the environment. Every year, that impact gets bigger and better! In 2018, thanks to all of you who came out and brought your outdated documents, we saved 20 trees!

quickly, knowing exactly where to access the information. Once the suggested timeline is up on those documents, it’s time to shred! So bring in those several-year-old documents and let the shredding superpowers take care of them! We’ll bring the shredders and snacks; you bring your boxes of old paperwork and the thrill of it all being securely disposed of. We can’t wait to see you! -John and Jeff Zufall

(636) 394-5524 1

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