Federal tax laws required you to keep your tax related information for fifteen years.
a) True
b) False

Question

03-06-2024
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Federal tax laws required you to keep your tax related information for fifteen years.
a) True
b) False

Sagot :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-03T13:05:25-04:00

Final answer:

Federal tax laws do not require keeping tax information for fifteen years.

Explanation:

False. Federal tax laws do not require you to keep tax-related information for fifteen years; in fact, the standard recommendation is to keep them for 3-7 years. Keeping records for fifteen years is not mandated by federal tax laws.

Learn more about Federal tax laws and record-keeping obligation here:

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Sagot :

Final answer:

Explanation:

Learn more about Federal tax laws and record-keeping obligation here:

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