Lowering links can be a fairly cost effective way to lower a motorcycle in the rear, costing as little as $70 for a set. Lowering links are able to lower a motorcycle anywhere from a half inch to 2 inches (12.7mm â 50.8mm) depending on the motorcycle and lowering links available. Some companies that manufacture lowering links include Kouba, Devol and Moose Racing.
You owe additional tax and situations (2), (3), and (4), below, do not apply to you: Keep records for three years. 2. 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 for six years.
As a result, you will need to keep your 2008 tax return and related papers until April 2012. It's generally safe to shred and discard it after that (unless a situation described below applies to you). See IRS Publication 552, Recordkeeping for Individuals, for more information. Six Years. If you may have under-reported income by 25 percent or more, then you'll need to keep tax returns and all related information for six years. When there is substantial activity from a closely held business, or the cost basis records for property or securities sold are unclear, under-reporting income is a real possibility.