When it’s Safe to CLEAN Out Those Old Tax Records
The long, grueling, 90 days of winter have passed and Spring is finally upon us. The daylight is longer, the sun is warmer, the birds are singing and the trees and flowers are in bloom. It’s time to finally open the windows and let the fresh air in! It’s also a perfect time for “spring” cleaning around the house and the office. Remove the cobwebs and declutter those desk drawers and file cabinets.
Keep or Toss? That is often times the daunting question when going through those old tax documents or accounting records. It is extremely important to hold on to business records in the case of an IRS audit or other type of examination. However, retaining unnecessary records take up valuable storage space that could be made available for more important documents.
We know how overwhelming not knowing which papers to keep or which ones to shred can be. That is why we’ve created a Records Retention Guide for Businesses. With this reference guide your spring cleaning will be done in no time and you’ll be ready to open those windows and just sit back and relax and enjoy the beautiful spring weather.
Please contact us if you have any questions or uncertainties about destroying any tax documents or accounting records.