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How long should you keep IRS tax records? Bankrate 12/18/2020 © Chip Somodevilla / Staff/Getty Images The IRS headquarters Once you ve completed all the hard work of filing your taxes, you might want to immediately forget all the numbers, forms and receipts you had to comb through to satisfy the government. However, when you finish filing your taxes, you still have one more important step to check off your list: Put all your documents somewhere safe. Stay organized As you re working on your taxes, it s crucial to remember that you may need to access them again in the event of an audit by the IRS. With that in mind, a shoebox with loads of papers or files scattered throughout your hard drive is not a good move. Instead, start a filing system that organizes all your records by year and by category, such as bank statements, income forms and receipts. Throughout the year, make sure you re maintaining that system so that everything makes sense when you file - and if the IRS re

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