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.
According to Bankrate, the IRS has a three-year timeframe to audit tax returns for accidental errors, such as improper deductions or math errors. The agency may also audit returns up to six years later if there is evidence that income was underreported by more than 25 percent.ince many of the financial statements and associated paperwork stored in file folders dedicated to specific years can be disposed of after the files are no longer needed for tax records, keep your retirement statements in a separate location to ensure they are not inadvertently discarded.