How Long Does The IRS Require Record Retention?
Автор: Tax and Accounting Coach
Загружено: 2025-12-18
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Описание:
Ever wondered exactly how long the IRS expects you to hold onto those important financial documents? This video breaks down the essential record retention guidelines to keep you compliant and stress-free.
In this guide, you'll discover:
► The general statute of limitations for IRS audits and how it impacts your record keeping.
► Specific retention periods for different types of documents, such as income, expenses, and asset purchases.
► Why proper record retention is crucial for defending yourself during an audit.
► Practical tips for organizing and storing your financial records efficiently.
#IRSRecords, #TaxTips, #RecordRetention, #TaxCompliance, #AccountingTips, #SmallBusinessTax
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