Keeping records for the right amount of time is confusing for many of our clients; after all, we know you would rather spend your time in your business than on your business.
Are you a pack rat or have you gone digital? How about a mix of both? Either way, very few records need to be kept forever. What’s important is to know where to find something and know the government’s requirements. You’ll want to hold on to your receipts, statements, and other documents based on tax year and, in some cases, for other reasons. Sure, there are resources readily available on this topic, but here’s a comprehensive guide based on the mostoftenasked questions we get from our clients.
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