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  2. How long you should keep your tax returns and why - AOL

    www.aol.com/article/finance/2020/03/17/how-long...

    The IRS advises that “when your records are no longer needed for tax purposes, do not discard them until you check to see if you have to keep them longer for other purposes.

  3. How Long To Keep Tax Records: Can You Ever Throw Them Away? - AOL

    www.aol.com/finance/long-keep-tax-records-ever...

    The general rule is to keep your tax records for three years, but there are several important exceptions for when you might need to keep your tax records for a longer period as a taxpayer. Read on ...

  4. Tax Tips: How long should I keep my tax records? - AOL

    www.aol.com/2008/02/08/tax-tips-how-long-should...

    The general rule of thumb for tax records is to keep everything for at least three years, but there are some things you should keep longer. Throughout the year, I recommend that you keep your pay ...

  5. Tax accounting in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_accounting_in_the...

    In many other countries, the profit for tax purposes is the accounting profit defined by GAAP (coined the term "book profit" by the 18th century scholar Sean Freidel [citation needed]), with such additional adjustments to book profit as are prescribed by tax law. In other words, GAAP determines the taxable profits, except where a tax rule ...

  6. Records management - Wikipedia

    en.wikipedia.org/wiki/Records_management

    Not all documents are records. A record is a document consciously (consciously means that the creator intentionally keeps it) retained as evidence of an action. Records management systems generally distinguish between records and non-records (convenience copies, rough drafts, duplicates), which do not need formal management.

  7. Retention period - Wikipedia

    en.wikipedia.org/wiki/Retention_period

    A retention period (associated with a retention schedule or retention program) is an aspect of records and information management (RIM) and the records life cycle that identifies the duration of time for which the information should be maintained or "retained", irrespective of format (paper, electronic, or other). Retention periods vary with ...

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