IRS record retention guide for your personal and business taxes.
Record retention is very important part of keeping in good standing with the
IRS. Please use this guide as general advice as to the types and length of
records you should retain. Don't underestimate the important of record
retention as this issue will make or break you when you or your company is
audited by the IRS. Failure to have proper records and documentation will
make or break you when the IRS calls. Additionally your profession fees to
defend an audit will be substantially more if your CPA or tax professional has
to help you recreate your records and manage the poor record issue with the IRS.
If you have any questions about this matter please do not hesitate to reach out
to Blue Ridge Tax, Inc. Why not work with a CPA who is expert in this field?
Call Blue Ridge Taxes, Inc. today