How Long To Keep Your Tax Records

By
Real Estate Services with Think Glink Media

Taxes were due almost one month ago. Your returns and refunds are now records, but how long should you keep them?

Eva Rosenberg reminds us that the IRS can come after you up to 10 years after filing, but if you have copies of your returns, checks, and refunds, you are keeping yourself protected. She suggests that you should keep your tax returns forever. But the most important thing? Making copies.

Do you have any strategies for keeping your records organized? That adds up to a lot of paperwork. Read the full post here and leave your organization tips!

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Rainmaker
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Curtis Van Carter
Napa Valley's Broker Extraordinaire in Yountville
Coldwell Banker Brokers ofthe Valley, Yountville Napa Valley

Ilyce

Thanks for posting this. I always thought it was 5 years and usually keep them for 7 but will do so for 10 now. cheers cvc

May 16, 2012 08:56 AM
Rainmaker
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Sarah & Lester Oswald
Broker, Realtor, CDPE, CIAS, SFR , Investor
Eastvale Team Realty & Property Mgmt

Yes, thanks for the post. I was under the impression that we needed to keep the records for 7 years, not I know better...

May 16, 2012 01:25 PM
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Ilyce Glink

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