If you’ve sold a home, run a small business, or engaged in any unusual financial transactions, it’s wise to keep your records for at least seven years. While the IRS typically doesn’t go back more than three years unless there are significant issues, holding onto your records for the longer term can provide peace of mind. Stay organized and prepared for any potential audits! #FinancialRecords #TaxTips #SmallBusiness #IRS #FinancialManagement
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