If youâre like most people, youâre probably not sleeping enough, and the consequences go far beyond just feeling tired and sluggish the next day. According to a 2013 Gallup poll, 40 percent of American adults get six hours or less per night. Even children are becoming sleep deprived. According to the 2014 Sleep in America Poll, 58 percent of teens average only seven hours of sleep or less.
The statute of limitations for federal tax returns is usually three years from the date the return was due or filed, or two years from the date the tax was paid, whichever is later. The statute of limitations is usually longer for state tax returns. The federal three year rule has some EXCEPTIONS: The assessment period is extended to six years instead of three years if you do not report income that you should report, and it is more than 25% of the gross income shown on your tax return.
How long should I keep my deceased family memberâs income tax records? As a rule, the Canada Revenue Agency (CRA) recommends that taxpayers retain a copy of their completed return (including receipts and supporting documents) for a minimum of six years once it has been filed.