How long do you need to keep that document?
“How long should I keep paperwork around for?” I get this question a lot, but it’s not a quick answer. Hopefully this will help to help clarify it. Regarding income tax returns: The IRS has 3 years from the time you file to audit a return or the due date, whichever is later, so absolutely keep all the backup materials to your tax return for at least three years, four including the tax return currently […]
