Liberty Tax logo More than 140 million people file taxes in the U.S. each year, and more than half use a professional tax preparer. These consumers are served each year at Liberty Tax locations across the country – and our numbers are growing. Opening a tax franchise doesn’t require tax expertise. Liberty’s proven system provides the tools and makes the tax business a great business opportunity. Since 1997, Liberty Tax has grown to more than 4,300 offices in the United States and Canada.

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What Tax Records to Keep and for How Long

December 30, 2015

The requirements for how long to keep your business records are determined by your tax situation and, potentially, any legal stipulations on the actual business (tax wise or otherwise). Here are some suggestions on how long to keep the applicable records.

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How Not to Get Audited

The easiest way to reduce your chance of getting audit is this: Be honest. Still that won’t guarantee that the IRS won’t audit your business. Read more

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