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01 Desember 2008

[taxchat] Record Retention

Ok….another year is about to come to a close not to mention I have an overflowing storage unit of ‘paper’!!

 

How long as practitioners are we to maintain the backup to financial statement preparation and tax returns?

 

I am ready to shred boxes but don’t want to get too aggressive!!

 

Thanks!

 

Laura M. Morton, EA

10 Key Solutions

Accounting Solutions for the Small Business

770-985-1621

770-985-6618 fax

www.10KeySolutions.com

 

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IRS Circular 230 Disclosure: Unless expressly stated otherwise in this transmission, any tax advice contained herein, forwarded with or attached to this message was not and is not intended to be used, nor may it be relied upon or used, by any taxpayer for the purpose of (1) the avoidance of any tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions, or (2) promoting, marketing or recommending to another party any tax transaction or tax-related matters that may be addressed herein.




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