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hey guys its ray and andrew here were cpas in the mooresville lake norman area and today we wanted to talk a little bit about how long to keep your tax records we do taxes for a lot of small business owners and individual clients and um ray what can you tell us about how long to keep records so what you want to do is so every tax return has whats called a statute of limitations on it right so a statute of limitations that says how far back you can go you can amend your tax return to get a tax refund or how far back the irs can look to assess additional tax and generally that statute of limitation is three years after you pas you file a tax return so for most clients right its going to be that three years that youre going to want to make sure and keep your records for either being able to say oops i had a mistake and you go back and amend or you know or for the irs to come to you and say hey we think something happened in this one year we need to see your records we need you to pr