(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 ...

While it’s true that you want to keep essential records, don’t be afraid to toss out what you don't need. Here's your quick guide to what to keep and what to throw out after Tax Day. Some taxpayers ...

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 ...

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 ...

Q: I helped my father sell his condo in 2017 and have been storing the paperwork from when he originally purchased it to when he sold it. I want to shred the papers, but I was wondering if I need to ...

PROVIDENCE, R.I. (WPRI) — Have you ever wondered how long you should hang onto your tax paperwork? Though it varies from person to person, the IRS suggests keeping three years worth of tax records.

As you ransacked your basement in search of holiday decorations, perhaps you came upon boxes of documents from the last millennium. And then you probably asked yourself: “Couldn’t I just throw these ...