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Here are tips from accountants and personal-finance experts about what to save, what to throw away, how long to keep tax return-related materials, and how best to store these important documents.
The post How Long You Have to Keep Tax Documents appeared first on SmartReads by SmartAsset. ... Estate and inheritance purposes: Tax documents may be needed for estate planning, ...
There are no federal guidelines indicating one should keep their tax records forever. However, Wybar said there may be other reasons to retain these documents indefinitely.
Take it from someone who has a hoard of legal accordion files stashed away in a hope chest: It's a good idea to keep your tax records. However, if you're going through a phase of trying to get rid ...
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Once you've submitted your tax return to the Internal Revenue Service each year, the last thing you probably want to think about is how to store your tax records. But making these arrangements is...
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 ...
For weeks now, I've been posting about the importance of keeping good records to substantiate your tax returns. The question that usually follows is, "What do I keep and for how long?" The ...