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6 years: If you do not report income that you should report, and it is more than 25% of the gross income shown on your return 4 years : For all employment tax records (W-2, 1099, etc.)
While it sounds obvious, the three- or six-year period for maintaining supporting documentation for a tax return starts from the due date of the return, or from the date you filed the return if ...
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Tax return laws generally prohibit disclosure of any information gathered on a state tax return. [10] Likewise, the federal government may not (with certain exceptions) disclose tax return information without the filer's permission, [11] and each federal agency is also limited in how it can share such information with other federal agencies. [10]
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It's tax season in the U.S., and for many people, filing tax returns can be a daunting task that’s often left until the last minute. Whether you do your taxes yourself, go to a tax clinic or ...
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If you think you don’t need to make estimated tax payments, you’re not alone. Noah Damsky, CFA, principal at Marina Wealth Advisors , said this is the number one tax mistake he sees retirees make.