Document Retention

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 that support an item of income, deduction or credit shown on your tax return until the period of limitations for that tax return runs out. You should always consult your accountant for specific requirements applicable to your company.

The attached document provides a general guideline for document retention.

Document Retention.pdf

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