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The Record Retention Guide
Work with a firm that utilizes the record retention handbook. Members of the public accounting profession use its information as the source of business. Whether it is for an audited financial report or tax return, we must gather, summarize, and analyze data to support reports, tax returns, and conclusions.
After the report is issued and the tax return is filed, the next important question is just how long must these business records be retained. This handbook also provides a suggested period to maintain records.
Click Here to View The Record Retention Guide
The guide has been assimilated from several sources, including the basic IRS Regulation - 26 CFR 1.6001-1, the guide of record retention requirements in the code of federal regulations, as well as by reviewing and analyzing numerous record retention schedules.
Additional Background Information