Two Convenient Locations:
San Diego Office: (619) 283-7113
Julian Office: (760) 765-0343
Record Retention Guide for Individuals
Good recordkeeping can cut your taxes and make your financial life easier.
How long to keep records is a combination of judgment and state and federal statutes of limitations. Since federal tax returns can generally be audited for up to three years after filing and up to six years if the IRS suspects underreported income, itís wise to keep tax records at least seven years after a return is filed. Requirements for records kept electronically are the same as for paper records.
Generally, follow these recommended retention periods for various documents:
Julian Office: 4367 Highway 78, Ste. 112, Santa Ysabel, CA 92070 (760) 765-0343 (760) 765-0150 Fax
San Diego Office: (By Appointment Only) 3751 37th St., #2, San Diego, CA 92105 (619) 283-7113 (619) 284-7113 Fax
Correspondence: P.O. Box 1934, Julian, CA 92036 E-mail: rebecca(at)luerscpa.com jan(at)luerscpa.com
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