You've probably heard that you should hang onto your tax returns for three years. The truth is that tax record retention periods vary from three years to indefinitely depending on the types of ...

The time you should keep a bank statement depends on what it shows and why you need it. Here’s a simple guide to help you determine the length of time to keep bank statements and canceled checks.

A crucial aspect of managing payroll records is knowing how long to keep them, and unfortunately, the rules aren’t straightforward. Federal law says payroll records must be kept for three years (and ...