(NewsNation) — The Internal Revenue Service generally recommends keeping tax returns and related documents for at least three years after filing. That’s because the IRS has a statute of limitations to ...
A crucial aspect of managing payroll records is knowing how long to keep them, and unfortunately, the rules aren’t straightforward. Federal law says payroll records must be kept for three years (and ...
During tax season 2023, you may wonder how long you should keep your old tax returns and other paperwork associated with filing your taxes. For those with hard copies of your taxes, you might wonder ...
So you decided to be on top of your paperwork and organize your business records. That’s a great start for small business owners, freelance workers and anyone with a side hustle. Over time, though, ...
An audit from the Internal Revenue Service can cause headaches for millions of taxpayers who were not aware of how long they should keep archives of their tax returns. It is wise to keep verifiable ...
Strong record-keeping practices are rightly seen as a central component of any business endeavor. But not only can these strategies save you time and hardship down the road, but they can also help you ...
Q: I helped my father sell his condo in 2017 and have been storing the paperwork from when he originally purchased it to when he sold it. I want to shred the papers, but I was wondering if I need to ...