1 An example of revolution is movement of the earth around the sun. 2  An example of revolution is the war fought between the colonial people and Great Britain. 3  An example of revolution is the introduction of the automobile into society. An example of revolution is movement of the earth around the sun. 2  An example of revolution is the war fought between the colonial people and Great Britain. 3  An example of revolution is the introduction of the automobile into society.
The IRS recommends keeping records for â3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later.â You should also keep records for three years if you owe additional tax and the situations described in sections 3 and 4 below donât apply.f you file a return and claim a loss from worthless securities or take a deduction for a bad debt, you should keep your income tax papers for seven years.
Keep monthly statements for one year; you can dump them if your annual statement summarizes all activity. Keep the yearly summaries as long as you own the security, plus seven years. You need proof of your purchases to prove capital gains and losses on your tax return.nce you've purged, separate must-keep papers into three categories: those you need to keep for one calendar year, those you need to keep for a longer period and hard-to-replace documents like birth and marriage certificates. (See chart: What records to keep, how long to keep them .) Then decide on a home for each.