Corona Police Department Interim Police Chief Michael E. Abel 730 Corporation Yard Way Corona, California 92880 (951)736-2330 Visit Department's Homepage County: Riverside
My rule: Keep records and tax returns for years that include atypical transactions (sales or donations of property) and irregular income (stock option exercises, trust income, etc.) for six years after the filing date of the return. Keep a 2005 tax return that includes reporting of irregular items until April 2012.
Keep for seven years If you fail to report more than 25 percent of your gross income on your tax returns, the government has six years to collect the tax or start legal proceedings. So when it comes to determining how long to keep tax recordsâelectronic and paperâ we recommend seven years, just in case. Keep forever Essential records such as birth and death certificates, marriage licenses, divorce decrees, Social Security cards, and military discharge papers