IRS Guidelines on Retention of Tax Records

Practice Management U.S. Income Tax Return forms

The end of the year is a good time to help your clients determine what records they need to keep from previous years, and what they need to produce for tax year 2016.

As part of its tax preparedness series, the IRS recently issued one of its bulletins, “Tax Records – What to Keep,” that details how to long to keep paper and electronic records and files. Read the full version here and pass this URL along to your clients.