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.
Keep records for 3 years if situations (4), (5), and (6) below do not apply to you. Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction. Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return. Keep records indefinitely if you do not file a return. Keep records indefinitely if you file a fraudulent return. Keep employment tax records for at least 4 years after the date that the tax becomes due or is paid, whichever is later.