E.2 on charge accounts or utility bills are kept only until the statement comes in showing credit for the payment.  
on charge accounts or utility bills are kept only until the statement comes in showing credit for the payment.</br></br>Only checks with tax implicationsÛÓlike contributions to charity, medical bills, etc.ÛÓand those relating to capital assets, as explained above, are retained.</br></br>A surprisingly large number of people like to hoard papers. Part of the problem may be that they donÛªt really know what should be kept:	so	they	keep	everything rather than risk throwing away something they shouldnÛªt. But cluttering up your house with stacks of unnecessary papers will only make it more difficult to find what you need when you need it.</br></br>Q: Some time ago you wrote about saving tax money by using the standard deduction in alternate years, then shifting as many deductible expenses as possible into the year for itemizing. I have a lot of medical expenses, and my doctor now permits me to use a charge card. What date do 1 use for the tax deduction?</br></br>A: If you pay for medical treatment with a bank credit card tor other charge card), the deduction counts in the year you charge, not the year you pay the bill.