1 Function point analysis can be used to determine which environment/language/tool is more productive. 2  Function point analysis can provide a mechanism to track and monitor scope creep. 3  Function point counts at the end of each phase/stage of a project can be compared to the function points actually delivered.
You should keep most tax-related documents for a minimum of three years, but it's recommended that you keep them for seven years. If you've gone paperless, then your bank will generally store your statements for seven years, but check to see what your bank's policy is on maintaining its customers' records.
The IRS recommends keeping records for â3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later.â You should also keep records for three years if you owe additional tax and the situations described in sections 3 and 4 below donât apply.f you file a return and claim a loss from worthless securities or take a deduction for a bad debt, you should keep your income tax papers for seven years.