Kentucky Lake. In size, no other lake in Kentucky can compare with Kentucky Lake. At 160,309 surface acres, it is the largest man-made lake east of the Mississippi River. Created by the Tennessee Valley Authority in 1944, the lake is a source of navigation, hydroelectric power and flood control.
Length of time to keep, and why: From 45 days to seven years. 1  Keep your original receipts until you get your monthly statement; shred the receipts if the two match up. 2  Keep the statements for seven years if tax-related expenses are documented.
4. Seven Year Rule for Record Retention(general rule). The rules on how long to keep financial records varies depending on what you are saving. For up to date tax filings, 7 years is a safe rule of thumb.Some people might say that is too long, but it is easier to follow this rule than to have to keep track how long you should keep different info.We suggest you keep tax returns for the life of your company. Scan them and save them both on and off site... Seven Year Rule for Record Retention(general rule). The rules on how long to keep financial records varies depending on what you are saving. For up to date tax filings, 7 years is a safe rule of thumb.