Question. I generally feel like I have a handle on the tax document retention guidelines for myself and my family, as individuals. But what are the rules for my business? How long do I need to keep ...
An employee submits a W-4 to an employer to set income tax withholding from earnings. The employer then keeps this form in the employee's personnel file. The Internal Revenue Service advises employees ...
Every company should have a well-designed document retention policy in place for various business and legal reasons. Perhaps the most important reason is to ensure compliance with the multitude of ...
Paper, paper and still more paper! When can these documents be destroyed? We get questions about tax backup documentation from clients often. To assist you, we provide some ideas to carefully consider ...
You've probably heard that you should hang onto your tax returns for three years. The truth is that tax record retention periods vary from three years to indefinitely depending on the types of ...
Q: Aside from our personal tax returns, we also had a small home-based business until we retired a few years ago. What information should we retain and for how long? A: The following schedule details ...
There is no question that construction is a uniquely document-intensive industry. On every project, countless, lengthy, records are generated: contracts, specifications, daily reports, meeting minutes ...
Oxfam America adheres to US accounting standards and endeavors to use best practices with regard to the retention and destruction of records. The guidelines below are for all financial records ...
The following list sets out the typical OSHA standards and the General Duty Clause that may require an employer to create, retain, and produce certain documents during the course of an inspection, if ...
Retention of sponsored project expense documentation is important, especially in the event of an audit. If a sponsored project is audited and supporting expense documentation cannot be provided to the ...
Question: We are in the process of preparing to sell our home and want to trash as much of our old paperwork as possible. We have house bills, personal tax returns, and records from an old business ...