If you file a claim for a loss from a bad debt deduction, the IRS recommends keeping your records for seven years. If you don ...

During tax season 2023, you may wonder how long you should keep your old tax returns and other paperwork associated with filing your taxes. For those with hard copies of your taxes, you might wonder ...

Tax Day 2022 has come and gone, but this year’s filing season brought an unpleasant surprise for many Americans that’s still here: People who want online access to their tax records at the Internal ...

Once you’ve submitted your tax return to the Internal Revenue Service each year, the last thing you probably want to think about is how to store your tax records. But making these arrangements is ...

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 ...

Since we’re in the midst of tax-return filing season and people keep asking, this is a good time to review one of my more popular posts. In it I answer two vital questions. How long should you keep ...

If you follow the news, you’ve probably read about the Department of Government Efficiency and its incursions into the seemingly bottomless trove of federal data, including potentially sensitive tax ...

Learn how to resolve IRS tax liens, avoid asset seizure, and understand your options—payment plans, negotiation, and more—for tax debt relief.