Tax Record Retention Guide
1 Articles
1 Articles
Tax Record Retention Guide
After filing your tax return, do not close the book on your taxes until you have set up next year’s files, purged unneeded old records, and prepared your records in case of an audit. Before you close this year’s tax file, there is still some work to do. If the IRS or state revenue department selects your return for review, preparation is critical. What you need to do now is think about tax record retention. Here are some tips. Five tips for tax …
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