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Tax Season is over. Should you keep your records?

Apr 20, 2013 -- 7:00am

For most people, the tax filing season is over.  Now the question is what tax records should you keep and how long to keep them? According to the IRS, you should keep a copy of your 2012 return and all documents in case of an audit. They suggest that you keep tax records relating to real estate, stock transactions, retirement accounts and business or rental property for at least three years. For more information on what kinds of records you should keep you can go to or call 1-800-TAX-FORM.SOC

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