Welcome to Kentucky Lake, Lake Barkley & Land Between The Lakes. Together, Kentucky Lake and Lake Barkley form the largest body of water between the Great Lakes and the Gulf of Mexico. With over 210,000 acres of water, Kentucky Lake and Lake Barkley provide plenty of room for fishing, boating, and outdoor recreation. Bass fishing is outstanding and the lakes provide some of best crappie fishing waters anywhere.
In most cases, you should plan to save tax files for at least three years following the date of filing. In some instances, it may be necessary to keep tax documents for a longer period of time. For example, the IRS advises that employers should keep employment tax records for four years. Individuals who report a loss from worthless securities should keep records for seven years, and those who neglect to report 25% or more of their income should keep files for six years.
Time Requirements for Tax Records. The rule for retaining tax returns and documents supporting the return is six years from the end of the tax year to which they apply. Your 2015 return and its supporting documents, for example, are safe to destroy at the end of 2021. There are situations that alter this rule.