Then 1024 kilobytes make up one megabyte. 1024 megabytes make up one gigabyte, and 1024 gigabytes make up one terabyte. A JPG file used to store a photo would be a few megabytes. The capacity of a DVD is a couple of gigabytes and an HD video can have a file size of few gigabytes.egabyte vs Gigabyte vs Terabyte. Difference between megabyte gigabyte and terabyte is a basic computer knowledge. Bit is the most basic and smallest storage unit in computing. A bit can store only whether it is 1 or 0.
Things to toss after seven years (or when you know you wonât need them any longer for taxes): 1  Child-care records. 2  Flexible-spending account documentation. 3  401(k) and retirement plan year-end statements.  IRA 1  contributions. Purchase records for investments.  Records of charitable 1  donations. Records on houses youâve  sold.
Income Tax Records. The Internal Revenue Service requires companies to keep business tax returns and supporting documents for a minimum of three years from the time of filing. During this time, the return can be amended or audited. If you failed to report income, however, the IRS can come after your business for up to six years. If the business took a deduction for a worthless security or bad debt, the IRS can pursue the issue for seven years. To be safe, a business should keep tax records in its permanent files.