Maintaining records - legal, financial, etc. - beyond regulatory requirements costs
time, money, and may expose your business to litigation.
Jun 14, 2016 ... Why should I keep records? Good records will help you monitor the progress of
your business, prepare your financial statements, identify ...
The length of time you should keep a document depends on the action, expense,
or event which the document records. Generally, you must keep your records ...
Apr 10, 2015 ... Here's a list of financial records and an explanation of how long to keep ... such
as legal fees and your real estate agent's commission, for six ...
Here are some basic record retention rules to think about for your business.
Related Products. more · Equipment Rental Contract. Quicken Legal Business
Pro ... The IRS recommends that you retain supportive records that corroborate
Accounting Firms. 4. Human Resources. 4,5. Insurance. 5. Legal. 5. Payroll. 5,6 ...
Whether it be for an audited financial report, a compilation, a review, a tax return,
... 1, The Guide of Record Retention Requirements in the Code of Federal ... Note
: Please keep in mind that documentation may include all electronic files and ...
practice of storing business records. a. Corporate b. Legal c. Financial d. ...
Record keeping is not solely about fulfilling regulations or legal requirements.
To meet basic legal requirements, you must keep the following: a cash book or
financial accounting program - that records cash receipts and cash payments ...
How long you should keep business documents and records. ... to stay in
compliance with IRS bookkeeping and recordkeeping requirements. Be sure to
.... Legal and Privacy | Member of Intuit's Certified QuickBooks Pro Advisors
Records retention guidelines keep our files updated and organized. Find what ...
will explain how long you are required to retain legal and financial documents. ...
Businesses are held accountable to a much stricter set of rules than individuals.