Saving Tax Paperwork??

[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??

[TomCopeland]

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/2013/03/should-i-save-my-tax-records-for-7-years.html