How Long To Keep Your Tax Records

By
Services for Real Estate Pros 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
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

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 01:56 AM #1
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Les & Sarah Oswald
Eastvale Team Realty & Property Mgmt - Eastvale, CA
Broker, Realtor and Investor

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 06:25 AM #2
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Ilyce Glink

Best-selling author, award-winning TV/radio host.
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