Hi, I’m Patti, and I work for the IRS.
Hurricanes! Tornadoes! And other disasters!
It’s important to think about them so you’re prepared in case they happen.
This includes safeguarding your tax forms and other financial records.
First, take advantage of electronic recordkeeping.
For example, see if you can receive your bank statements and related documents by e-mail.
For paper documents such as W-2’s and tax returns, scan them into your computer and save them in an electronic format.
Or, you could create duplicate copies and store them in separate, but safe, places.
Now, if you own a business, make sure you create a plan for resuming your operations after a disaster.
Finally, the IRS has Disaster Loss Workbooks for both individual taxpayers and businesses to help you create a record of what you own before disaster strikes.
For more information, go www. IRS.gov, Keyword: “Disaster”.