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At Christianson, making sure you're prepared and never at risk is one of our top priorities. One of the most commonly asked questions is: "how long do I have to keep my tax records?". This is important for both individuals and for businesses. Here's what you need to know: How Long Should I Keep Records? The general recommendation is to keep tax records for 3 years from the date you filed your tax return.  So for 2016 tax returns filed by April 15, 2017, the 3 year period expires on April 15, 2020.  This is the timeframe that you have to amend a tax return or the IRS has to audit you. There are certain circumstances when the IRS can initiate an audit after the 3 year period, such as if a tax return was never filed, or if a Read More...