One of the most asked question that I get at the tax desk is how long should I keep my tax returns. You've probably heard that seven years is the perfect period to hold onto your tax returns. However, the actual time to keep records isn't quite that simple. You probably don't need to keep every little piece of paper, because different records require different holding times. Let's take a look at some of them.

What to keep

If you lost your job last year and received unemployment benefits from the government, be sure to keep your 1099-G form, which reports the amount you have received. There is a misunderstanding by a lot of people that this is not taxable, but you will owe federal income taxes on the entire amount. 

Participating in an illegal scheme to avoid paying taxes can result in imprisonment and fines, as well as the repayment of taxes owed with penalties and interest. If you become aware of any abusive tax scams, please report them to the appropriate contact below.

Phishing Scams

Phishing is a scam typically carried out through unsolicited email and/or websites that pose as legitimate sites and lure unsuspecting victims to provide personal and financial information.

The "Democrats and Donald Trump" reminds me of a bad horror movie, where the hapless protagonists only make the monster stronger with each attempt to eliminate it. So goes the Democrats’ endless attempts to finally rid America of the “scourge” of Donald Trump.

Thanks to the Durham Report we now know they started even before Trump was elected president. Hillary Clinton’s campaign – with the full knowledge of the candidate and the sitting president, Barack Obama – cooked up a “dirty trick” to portray Trump as an agent of Russia in their effort to deny Trump the White House.

When that didn’t work they weaponized the FBI, CIA and the rest of the “deep state” to undermine and hobble his presidency. They spied on Trump and his campaign staff using false information manufactured by the FBI.

Nov 15 - What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply — are complete failures, having produced the opposite of the promised results.

The latest example of the Federal Reserve engaging in Bill Kristol-like levels of denial is the Fed’s continued insistence that the return of 70s-style inflation is a “transitory” phenomenon resulting from the end of the lockdowns. The Fed has acknowledged the “transitory” inflation will last until at least 2022, yet it is still determined to keep interest rates at or near zero until the “jobs situation” improves.

In their efforts to turn our country into a socialist nation (even though it has failed every time tried), these left wing wackos in Congress want to borrow 1.75 Trillion dollars and pass one of the worst pieces of legislation ever written - over 2100 pages of it. Here is some of the garbage that is in it:

Some of the worst provisions of Democrats Tax and Spend Bill

Some environmental activists at the COP26 climate conference will be urging others to cut down on air travel and eat less meat, but little has been said about the billionaires flying in on their own planes on routes already served by commercial airlines.

Amazon founder Jeff Bezos' £48million Gulf Stream has led a 400-strong parade of private jets into COP26 including Prince Albert of Monaco, scores of royals and dozens of 'green' CEOs - as an extraordinary traffic jam forced empty planes to fly 30 miles to find space to park. 

Mr Bezos - who regularly lectures the world on climate change - arrived in Glasgow fresh from celebrating Microsoft founder Bill Gates' 66th birthday on a £2million-a-week superyacht off the coast of Turkey in an event that generated fresh claims of green hypocrisy. He reached the boat by helicopter, according to reports. 

Now here is an interesting idea for those of you who are trying to find a job, but are sick and tired of the cancel culture going on in our country. Their mission is to unite a community of businesses and job seekers who value and preserve the freedom to work.

RedBalloon was founded in 2021 as the solution to the ever-growing problem of government overreach and “cancel culture” invading the American workplace.  RedBalloon connects like-minded businesses and Americans who seek the freedom to work without the fear of discrimination against personal beliefs, infringement on constitutional rights, or invasion of medical privacy. 

There are certainly a lot of advanced marketing concepts out there: SMS, social media, omnichannel marketing segmentation and artificial intelligence (AI) powered segmentation for a few of them. So, it's no wonder some people may thing that email marketing is on its way out. I've been hearing email is dead for years. Nothing could be further from the truth.

The fact is that email marketing remains at the very core of most digital-marketing tools. And even though it has been around for decades, it has kept up with the time and is still a top way to reach your customers. Just check out these stats: