2014 April 30

Ditching Some Tax Paperwork

Let’s assume that you dutifully filed your 2013 taxes in recent months.  You’ve got to hold on to your supporting paperwork for three years, since that is how long the federal government has if they decide to audit you.   (If that number surprises you, see my earlier post entitled “How Long Should I Keep My Personal Tax Records?”)  Most states — including my state, New York — also only have three years to audit you.   (You can check your state here.)…

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