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WHAT YOU NEED TO KNOW ABOUT TAX RECORD RETENTION

Wondering how long to keep your tax records? In general you should keep your records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later. However, if you file a claim for a loss from worthless securities or bad debt reduction, 7 years is the guideline recommended by IRS. http://bit.ly/2GTbPD4
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