San Franciscoâofficially known as the City and County of San Franciscoâis a consolidated city-county, a status it has held since the 1856 secession of what is now San Mateo County. It is the only such consolidation in California.
Under New York's Tax Law, there is generally a three-year statute of limitations on tax audits, though in some cases (such as when fraud exists or when a substantial understatement has been made on an income tax return), the statute of limitations can last for as long as six years.
You can be randomly audited up to three years after the date you filed the return. But if If you've under-reported your income by 25 percent, the IRS can go six years back, or seven if you claim a loss for bad debt or worthless securities. So keep your tax documents for seven yearsâjust to be safe.(And, by the way, you can be audited at any time if the IRS suspects you of fraud.). Store your tax documents in a secure place, such as a locked file cabinet, a safe, or in password-protected files on your computer.ut if If you've under-reported your income by 25 percent, the IRS can go six years back, or seven if you claim a loss for bad debt or worthless securities. So keep your tax documents for seven yearsâjust to be safe. (And, by the way, you can be audited at any time if the IRS suspects you of fraud.).