How long do I have to keep my records?

Site Search

Find a Lawyer

Browse Tax Law

Tax Law Home Page

Resources

Tax Attorneys
Tax Law Forum

Articles & FAQs

   Corporate Tax Law
   Estate Tax Law
   Gift Tax Law
   Income Tax Law
   Property Tax Law
»Tax Enforcement

	General Questions
	Appeals
	Audits
	Bankruptcy
	Child support
	Collection methods
	EIN requirement
	Filing returns
	Legal help
	Limitations period
	Payment options

Tax Law

Tax Law - Tax Enforcement - General Questions
Page 12 of 29
How long do I have to keep my records?

The IRS suggests that you hold on to them for three years, but many tax advisors recommend that you keep them for seven. It doesn't hurt you to err on the side of caution. Additionally, if you have taken net operating losses or deductions in the same vein, you will want to keep your records from when you first took the deduction/loss. Free Tax Debt Analysis!
« View All General Questions Pages	Next Page »
« Post Your Case

Get Legal Forms

Download 36,000+ forms

Law Forums

Search over 600,000 topics and answers in our law forums.

| | | | | |

FreeAdvice® has been providing millions of consumers with outstanding advice, free, since 1995. While not a substitute for personal advice from a licensed professional, it is available AS IS, subject to our . FreeAdvice®, , , and are units or affiliates of . All Rights Reserved © 1995-2008