You can click here to hide this list of properties if desired. 1  Delightful Beachfront Grand Cayman: Kaibo Yacht Club: Condo in a complex. 2 BDR. 2  Rest and Relaxation in our Grand Cayman: Castaways Cove: Condo in a complex. 2 BDR. 3  Cayman Brac, 1 Bedroom Cayman Brac: Carib Sands Beach Resort: Condo in a complex. 1 BDR.
Still, you'd be surprised at how much you can safely discard. Here is what you should keep and how long you should keep it. Three Years. Keep your federal and state income tax returns and related receipts and statements for at least three years. If you are audited, the IRS reserves the right to review tax returns filed during what is known as the period of limitations, which is generally the past three years from the date you filed your most recent tax returns.
Hereâs what you need to know. Normally, the IRS Has Three Years. The overarching federal tax statute of limitations runs for three years after you file a tax return. If your tax return is due April 15, but you file early, the statute runs exactly three years after the due date.ome states have the same three-and six-year statutes as the IRS. But some set their own time clocks, giving themselves even more time to assess extra taxes. In California, for example, the basic tax statute of limitations is four years.