You should use the information you gathered and the insights you have acquired during the process of filing your 1994 income tax returns as a starting point for preparing a blueprint to improve your tax position for 1995. A little planning now WILL produce significant tax savings for you next year. The IRS is now looking at all social security numbers on all federal individual income tax returns. Individuals who claim exemptions for dependents or who have qualifying children and claim the Earned Income Tax Credit are required to include social security numbers for such dependents or qualifying children, regardless of age, when filing their income tax returns. Papers like life insurance policies, wills, and passbooks do not belong there.
Most married people have both spouses as signers to enter a safe deposit box.
What happens if you are both involved in an unforeseen accident where neither can get to the box. You should store good copies of important documents in your safe deposit box, in case you have a fire and all your records are destroyed. If you are not happy with our work, please call me and let's talk about it. We'll both appreciate it. Roger is always seeking additional clients and professionals wishing to save money and better manage their own or a client's business.