Even if you’re below the income threshold for 2025, tax credits and excess withholding could result in a tax refund, making ...

(NewsNation) — The Internal Revenue Service generally recommends keeping tax returns and related documents for at least three years after filing. That’s because the IRS has a statute of limitations to ...

Common wisdom suggests we keep important papers for seven years, for reasons that, we vaguely recall, have something to do with taxes. For those of us with paper records dating to the Clinton ...

Retired and wondering what tax documents you need? Use this checklist of the 13 most common tax documents retirees need to file accurately and avoid headaches.

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Whether you’re hoping to file your tax return by the imminent tax deadline or planning to file a tax extension so you can complete your return at your leisure, now is the time to gather paper or ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet.

Dear Savvy Senior: Is there a rule of thumb on how long someone should keep their old financial paperwork? I have file cabinets full of old receipts, bank and brokerage statements, tax returns and ...

Many taxpayers are eager to file returns quickly to collect refunds, but it’s important to gather the necessary tax forms first, experts say. Every year, employers and financial companies report ...