Saving Tax Paperwork??

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  • Crazy8
    Daycare.com Member
    • Jun 2011
    • 2769

    Saving Tax Paperwork??

    I am sure this has been answered before, but how long do we need to save all our tax paperwork, receipts, utility records, etc. for our daycare??
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    saving records

    Originally posted by Crazy8
    I am sure this has been answered before, but how long do we need to save all our tax paperwork, receipts, utility records, etc. for our daycare??
    3 years after filing your tax forms. That's the federal law. Your state may require you to save them longer. See my article on this: http://www.tomcopelandblog.com/2013/...r-7-years.html
    http://www.tomcopelandblog.com

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