How Long To Keep Your Parentsβ Tax And Financial RecordsβAnd Your Own Forbes - Business By: Kelly Phillips Erb, Forbes Staff Β· Kelly Phillips Erb, Forbes Staff 21 May 2026 at 11:30 A guide to what receipts, documents and forms must be saved, and for how long, to satisfy the IRS. Plus, tips for storing, scanning and shredding all that paper. Β© Illustration by C.J. Burton for Forbes