You should keep tax papers for at least three years after filing your tax return.
You should keep tax papers for at least 3 years, but it's recommended to keep them for up to 7 years in case of an audit.
A small business should keep tax records for at least seven years.
You should keep tax documents for at least three years, but it's recommended to keep them for up to seven years in case of an audit.
You should keep tax documents for at least 3 years, but it's recommended to keep them for up to 7 years in case of an audit.
TurboTax keeps records for tax purposes for up to seven years.
You should keep tax papers for at least 3 years, but it's recommended to keep them for up to 7 years in case of an audit.
how long do you keep foreclosure papers
Some papers are more or less permanent, such as titles to property. Tax returns: I'd say seven years. Papers that are duplicated in the public records: it doesn't really matter, because you can always obtain copies from the public records.
For most items of income and expense, three years is the normal rule. However, for any item, such as depreciation on assets which can be claimed in excess of the normal three years, you will want to keep your papers for as long as you are claiming the asset. Papers relating to your cost, or cost basis, in capital assets should be kept forever and handed down to whoever will inherit these assets from you.
We must keep tax records for 10 years for a business
The best advice I received for tax prep is always make sure to have a central location to keep all your tax papers. It makes it much easier when you go to file your taxes. Before you get started go through your tax papers and make sure everything is there.http://www.taxslayer.com/
A tax preparer is typically required to keep records of clients for at least three years after the tax return is filed.
A small business should keep tax records for at least seven years.
You should keep tax documents for at least three years, but it's recommended to keep them for up to seven years in case of an audit.
You should keep tax documents for at least 3 years, but it's recommended to keep them for up to 7 years in case of an audit.
At least 7 years.
10 years