Lower gastrointestinal bleeding. Lower gastrointestinal bleeding, commonly abbreviated LGIB, is any form of gastrointestinal bleeding in the lower gastrointestinal tract. LGIB is a common reason for seeking medical attention at a hospital's emergency department.
The answer: A minimum of three years, but maybe longer, especially if you're risk-aversive. Because the statute of limitations is three years, you have to keep tax records at least that long, says James Wood, CPA, a sole practitioner in Hillsborough, New Jersey. This means that the IRS has three years to review the situation and assess any tax deficiencies.
(This is serious business!) CK&Co Certified Public Accountants and Business Advisors' business records retention recommendations (PDF), for example, say you should keep your year-end financial statement permanently, expired insurance policies for four years, and bank statements for seven years.