Here are some more tips for safeguarding your tax records (whether you keep the recommended minimum five years worth or farther back.) See this article in AccountingToday by Jeff Stimpson for more details:

http://www.accountingtoday.com/news/irs_watch/tips-for-safeguarding-tax-records-70916-1.html

A lot of tax professionals also recommend that you keep many more tax return copies than the records (I always recommend you keep at least 10 years of your actual returns – with pdfs and the cloud this is a lot easier than it used to be.) Since most tax professionals keep five to seven years of the returns they prepare (no set amount here, usually company policy) having a few extra years doesn’t hurt if you need them for some form or document.

For financial, accounting and tax musings,