(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 ...

Common wisdom suggests we keep important papers for seven years, for reasons that, we vaguely recall, have something to do with taxes. For those of us with paper records dating to the Clinton ...

DES PLAINES, IL - MARCH 15: Income tax form are seen at the Des Plaines Public Library March 15, 2005 in Des Plaines, Illinois. H&R Block, the world's largest tax services company, has served nearly ...

You've probably heard that you should hang onto your tax returns for three years. The truth is that tax record retention periods vary from three years to indefinitely depending on the types of ...

While it could be tempting to throw away documents after filing tax returns, doing so could put you at financial and legal risk. Maintaining certain financial records indefinitely can safeguard ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go completely paperless by 2025. The effort to ...

The deadline to file your taxes is Tuesday, which is just around the corner. Filing U.S. tax returns — especially for the first time — can seem like a daunting task, but there are steps you can take ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation) — The Internal Revenue Service ...

The deadline to file your taxes is Tuesday, which is just around the corner. Filing U.S. tax returns — especially for the first time — can seem like a daunting task, but there are steps you can take ...