American geologist and Apollo 17 astronaut Harrison Hagan Schmitt stands next to the US flag on the surface of the moon, during a period of EVA (Extra-Vehicular Activity) at the Taurus-Littrow landing site, December 1972. Every Fourth of July, we flaunt Uncle Sam hats, wave our flag, and watch fireworks shoot sparks into the night sky. American geologist and Apollo 17 astronaut Harrison Hagan Schmitt stands next to the US flag on the surface of the moon, during a period of EVA (Extra-Vehicular Activity) at the Taurus-Littrow landing site, December 1972.
November 15, 2009. 1  Some people toss all of their bank statements into a drawer; others place them into an expanding file that never gets cleaned out. 2  Keep your bank statements for at least one year. 3  Keep copies of your bills for one year.  Keep all pay stubs for one 1  year. Tax records should be kept for seven years. The IRS has up to three years to audit you for errors, just as you have three years to file an amended return. Should the IRS suspect you under-reported your income by 25% or more, they have six years to audit.
This guide covers how long banks are required to keep different types of information, and your rights when requesting information from your bank. The Reserve Bank of New Zealand Act 1989 requires banks to keep certain transaction documents such as cheques and deposit or withdrawal slips for at least seven years. Some banks will keep information for longer than this and allow customers to access many more years of transaction records through online banking. Banks are not required to keep physical copies of this information. It is sufficient for a bank to keep electronic copies.