The short answer is: none. You need to hold on to all of your 2015 tax records for now. But this is a great time to take a look at your records for previous tax years and determine what you can purge. The three-year rule At minimum, keep tax records for as long as the...
If you make a profit off of the sale of your home, the gain may not be taxable. The IRS has issued ten tax facts you should be aware of if you are selling your home this year: 1. As stated above, if you have a capital gain on the sale of your home, the gain...
For most people, taxes are put on the back burner after they file their tax return. Why not start planning ahead now to avoid stress later on down the road? Below are five tips provided by the IRS to help you start planning for your 2014 tax return: Take Action When...
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