Business and Personal Records Retention Guidelines ...

Arkansas requires records to be kept for six years.

Colorado

Colorado requires records be kept for four years.

Iowa

Iowa requires records be kept for three years.

Illinois

Illinois does not specify minimum record retention periods.

Indiana

Indiana requires records be kept for three years.

Kansas

Kansas does not specify minimum record retention periods.

Kentucky

4 years

Kentucky requires records...

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Date: 2017-06-22 18:55:19
Website: http://www.bkd.com

Related topics : income tax records retention requirements / business tax records retention / tax return records retention / tax records retention / individual income tax return due date

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Records retention and disposal rules

How long should records be kept, or do you just keep everything?

Destroying or discarding records too soon�poses legal and tax issues, but keeping records for too long wastes space and time, potentially increases risk, costs money and can make retrieval more difficult.

Records retention authorities are guidelines on keeping records for a specified period of time. This ensures that records are not destroyed accidentally, or before all uses for the records have ceased, and that records are not retained longer than they are needed.

Are you confident that the right business records are...

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Website: http://www.records.com.au

Related topics : business tax records how long to keep australia / business tax records how long to keep / business tax records retention / tax records retention australia / keep tax records business

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6 Guidelines for Records Retention: Keep It or Toss It?

6 Guidelines for Records Retention: Keep It or Toss It?

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While setting up records retention guidelines with my clients' one of the first questions everyone asks is "how do I know if I need to keep it"? The following guidelines will explain how long you are required to retain legal and financial documents.

A Quick Note Before We Start

The yearly "file purge" is a sensitive (and...

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Website: http://www.smead.com

Related topics : business tax records retention / tax return records retention / income tax records retention requirements / tax return records keep / business tax records how long to keep

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Taxation Guide | Canada Business Ontario

Business Number (BN) registration

Charging sales tax outside of Ontario

When you sell products or services to customers that are located in other provinces, territories or countries, you may be required to charge taxes based on their location. Regulations may also vary depending on the method of selling (e.g. online sales, mail orders, phone orders). To get the requirements for selling to...

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Website: http://www.cbo-eco.ca

What to Do With Your Income Tax Records – Record Retention ...

The retention periods apply to records needed to substantiate your federal income tax return and are generally based on the federal statute of limitations, which is normally three years. This means the IRS could audit your return up to three years from the due date of the tax return or the date of filing, whichever is later. However, if you substantially underreport income, fail to file a return...

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Website: https://www.lmgw.com

Related topics : income tax records retention requirements / tax audit return filing due date / file federal income tax return electronically / file federal income tax return / tax return records retention

Information Governance : Records Retention Schedule ...

This Records Retention Schedule is the control document that sets out the periods for which Durham University's business records should be retained. It also specifies what should be done with the records once their respective retention periods are reached. Application of this schedule will give employees confidence that they are managing the University's records in compliance with:

Business...

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Website: https://www.dur.ac.uk

Related topics : business tax records retention / tax records retention / business tax records

RECORDS RETENTION POLICY

RECORDS RETENTION POLICY

Purpose

In accordance with the Sarbanes-Oxley Act, which makes it a crime to alter, cover-up, falsify, or destroy any document with the intent of impeding or obstructing any official proceeding, this policy provides for the systematic review, retention, and destruction of documents received or created by American Schools of Oriental Research (hereinafter, ASOR) in...

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Website: http://www.asor.org

Related topics : payroll tax return record retention / payroll tax records retention / tax records retention policy / tax return forms irs / tax return records retention

Business Record Retention Policy - When a Business Can ...

Tax Records, including the employee's name, address, account number, total payments made and date of each payment; the period of the employee's service; the total remuneration constituting wages which are subject to withholding; collected taxes; explanation(s) for any difference between remuneration and taxable income; the fair market value of any non-cash remuneration; an IRS Form W-4,...

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Website: http://www.yourlegalcorner.com

Related topics : tax records retention policy / business tax records retention / income tax records retention requirements / business tax records california / business tax records

County Offers Convenient Way to Pay Property Taxes

About Broward County's Records, Taxes and Treasury Division

Records, Taxes and Treasury (RTT) serves as the County's tax collector, provides treasury services, and is the statutory repository for the Official Records of the County. The Division, part of the Finance and Administrative Services Department, collects residential and commercial property taxes, local business taxes, tourist development taxes, and other taxes...

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Website: http://webapps.broward.org

Related topics : county property tax records / broward county tax records / broward county property tax / county tax records / broward county tax collector motor vehicle

Canadian Income Tax Act requires taxpayers to keep records ...

TAXFlash News from IncomeTaxCanada.net

Jim Maroney

:: Canadian Income Tax Act requires taxpayers to keep records and books, including all source documents to verify the information

:: In the wake of another tax year, taxpayers may find themselves faced with yet another pile of paper to file away.

Dealing with ever-expanding storage needs, taxpayers invariably wonder what they are supposed to do...

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Date: 2006-07-07 00:03:12
Website: http://incometaxcanada.net

Standard Audit File for Tax - OECD.org

Guidance Note - Guidance for Developers of Business and Accounting Software Concerning Tax Audit Requirements

The OECD's Committee on Fiscal Affairs (CFA) recently approved two notes arising from work to develop a set of guidance on business accounting system data requirements for tax audit purposes, and associated practical implementation issues for software developers. The set of guidance was prepared by a task group consisting of representatives of national revenue authorities, the Business Applications Software Developers...

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Date: 2019-03-08 21:01:21
Website: http://www.oecd.org

Related topics : tax audit return filing process / tax audit return filing / tax audit return filing procedure / tax audit return / business tax records retention

5 Tax Deductions for Self-Employed Freelancers & Small ...

Starting a new business is a serious challenge, with many things demanding a new business owner's attention. There are lots of expenses associated with the start-up and day-to-day operation of a business. Fortunately, from a business profit-and-loss perspective, and from a tax point of view, many of the expenses are deductible on one's Schedule C , with the effect of lowering the business's net...

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Date: 2019-03-24 04:42:14
Website: https://www.moneycrashers.com

2018 Property Tax Bills Are Mailed and Available for ...

2018 Property Tax Bills Are Mailed and Available for Online Payment

��

- Taxes Due Beginning November 1st -

��

BROWARD COUNTY, FL - The Records, Taxes & Treasury Division mailed property tax bills for 2018. They will be�available to view, print, and pay online starting November 1, 2018�at broward.county-taxes.com .�For taxpayers whose bills are paid by escrow arrangement, a courtesy...

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Website: http://webapps.broward.org

Spanish tax forms explained - ADVOCO

What are all these modelos (forms) for?

This page is designed to show you what different Spanish tax forms are used for. �We have just covered some of the most common ones that are used by either resident or non resident foreigners with a fiscal obligation in Spain.

If you want to find out more about a particular Spanish tax form you can go to the official Agencia Tributaria website which has a...

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Date: 2018-03-23 06:23:42
Website: http://www.advoco.es

How Long to Keep Payroll Records | Retention Requirements

Payroll Training, Tips, and News

How Long to Keep Payroll Records

By Mike Kappel on October 2, 2017

As a business owner, keeping records is one of the most important things to remember. One type of record you need to keep is for payroll. �When it comes to federal law, you need to know how long to retain payroll records.

What are payroll records?

Payroll records are documents related to paying...

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Website: https://www.patriotsoftware.com

Related topics : business tax records how long to keep / payroll tax records retention / keep tax records business / keeping tax records / business tax records how long

Newsletters | What You Should Know About Sales and Use Tax ...

Related: View Tax & Business Services

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As a State and Local Tax ("SALT") professional, I assist clients in meeting their multi-state sales and use tax compliance obligations. That of course extends to representation when their filings (or non-filing status) comes under audit. Some of the most frequently asked questions from clients concerns securing exemption certificates from...

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Website: http://www.marcumllp.com

Related topics : sales tax collection / wa state tax records / state tax forms / state tax rates / state tax

Recordkeeping Requirements for Sales Tax Vendors

method of payment.

Any related inventory system must also be maintained and made available upon request.

Any additional purchase reports, schedules or documentation that reconcile to other books and records, such as purchase journals or a general ledger, must be maintained and made available upon request.

In order to be considered complete, the electronic records must permit the direct...

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Website: tax.ny.gov

Related topics : sales and use tax return / sales tax return form / tax audit return filing due date / sales tax collection / business tax records how long to keep

Save or Shred: How Long You Should Keep Financial ...

Bills, mortgages, bank statements, brokerage statements, credit card statements--being an adult certainly does require a lot of paperwork. To keep your paper trail under control, it's important to develop a well-organized document-retention process.

"Having an organized process will pay you back in the future," said Greg McBride, chief financial analyst at Bankrate.com. "What you don't want to do...

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Date: 2019-03-22 20:06:51
Website: http://www.finra.org

How Long Do I Have To Keep My Income Tax Records

A common question I receive from my clients is "How long do I have to keep my income�tax�records?" For anyone actually interested, the CRA ("Canada Revenue Agency ") created guide RC4409 called "Keeping Records" that details everything you want to know about your record keeping and more. This guide is most applicable to�individuals that carry on a business and corporations.

Now I know you...

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Date: 2019-03-23 20:30:57
Website: http://www.thebluntbeancounter.com

Record Retention Requirements Under Federal, State, and ...

Listed in the tables below are company record retention requirements on the federal and state level for the mid-atlantic region.  Each table breaks down which documents are to be retained, how long employers are required to retain those documents, and under what basis according to the law.  If you have any questions regarding record retention requirements and how they apply to your business,...

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Website: http://www.harrisonlawgroup.com

Related topics : income tax records retention requirements / file federal income tax return free / free income tax return filing / income tax e file return / file federal income tax return

General Consumption Tax - TAJ Portal

Entertainment Duty

Hotel Accommodation Tax

Consumption Duty (other than on alcoholic beverages, tobacco products and petroleum products which is covered under the Special Consumption Tax)

Additional Stamp Duty levied on the importation of goods (except for in-bond shops, 'Protected" goods, alcoholic beverages, tobacco and petroleum products).

The GCT is a value added tax which is applied on the...

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Website: jamaicatax.gov.jm

Related topics : online service tax return / tax return service / tax credit office opening times / value added tax return form / business tax return filing

Software Assistant - Software for Accountants

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Software Assistant - Integrated software for accountants

Software Assistant has everything a small accounting firm needs. It's big on features, light on the bottom line and easy to use. This integrated suite of accounting software, comprehensively supports a suite of accounting business activities - from practice management, tax returns, ledger management, and ASIC registration. All of...

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Website: https://tax.thomsonreuters.com.au

Related topics : tax return records retention / tax return tracking software / tax return fees for accountant / tax audit return / fast tax return online

Chapter 1, Sales and Use Tax - Pennsylvania Department of ...

012.01 Certain transactions are exempt from sales and use taxes. Transactions may be exempt because of:

012.01A The seller (entity-based exemption);

012.01B The item sold (product-based exemption);

012.01C The buyer (entity-based exemption);

012.01D The buyer's intended use of the item (use-based exemption); or

012.01E A combination of two or more of these characteristics.

012.02 There is no...

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Date: 2017-08-07 18:47:07
Website: http://www.revenue.nebraska.gov

CRA records missing in KPMG tax dodge affair - Business ...

Call it the case of the vanishing CRA records.

Some correspondence from the Canada Revenue Agency's former top enforcement official went missing -- and appears to have been deleted -- in the months leading up to the agency's secret "no penalties" amnesty offer to wealthy KPMG tax dodgers in the spring of 2015, a Fifth Estate/Enquête investigation has found.

Those revelations may call into...

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Website: cbc.ca

Related topics : business tax records search / business tax records retention / find tax records for a business / keep tax records business / business tax records

Process for tax agents to obtain electronic authorities to ...

Process for tax agents to obtain electronic authorities to act

Summary

Inland Revenue has introduced an additional process to:

enable tax agents to obtain authorities to act on behalf of their clients electronically

provide tax agents with processes to authenticate their clients' identities prior to linking them as a client on Inland Revenue's system via a third-party provider.

For most tax...

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Date: 2019-03-21 17:33:19
Website: ird.govt.nz

Related topics : agent tax / inland revenue tax return form online / inland revenue online tax return / inland revenue tax refund form / inland revenue tax return form

Tax Policy News - comptroller.texas.gov

Tax Policy News

March 2018

The Comptroller's office publishes this online newsletter to keep you informed about Texas taxes. Tax Policy News provides general information and is not a substitute for legal or other professional advice.

Previous issues are available through the Tax Policy News Index .

In This Issue...

Join Us for the 2018 WSATA Conference in Austin

As a member of the Western States...

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Website: https://comptroller.texas.gov

Ohio Department of Taxation > sales_and_use

Semi annual sales tax returns are due by the 23rd of the�following month from the end of the six month period.

Example:��January 1�through June 30�return is due on July 23rd and July 1 through December 31�return is due on January 23rd.

Table of Contents

The Ohio sales and use tax applies to the retail sale, lease, and rental of tangible personal property as well as the sale of...

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Website: tax.ohio.gov

Sales & Use Tax - Ohio Department of Taxation > sales_and_use

REMINDER:

Monthly sales tax returns are due�by the 23rd of the following month from the period filed.

Example:��January 1�through January 31 return is due on February 23rd.

Semi annual sales tax returns are due by the 23rd of the�following month from the end of the six month period.

Example:��January 1�through June 30�return is due on July 23rd and July 1 through December...

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Website: tax.ohio.gov

Bank of America | Online Banking | Service Agreement

The Bank of America Payment Center permits an individual or business to review through an Internet web site all invoices send by participating businesses, such as you.  

Each invoice will provide your customer with an option to make a payment electronically through the Bank of America Payment Center.  You agree that we may receive an authorization on your behalf to initiate a debit of the...

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Website: https://www.bankofamerica.com

Local government records retention schedules - TSLAC

Local Government Retention Schedules

WARNING: Unless the following retention schedules have been adopted by your local government using form SLR 508 the retention periods listed in the schedules�may not be used for the destruction of your records. �For questions about local retention schedules contact your Government Information Analyst .

Part 1: County Clerk as Clerk to Commissioners...

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Date: 2018-03-23 03:52:39
Website: https://www.tsl.texas.gov

Related topics : county tax records / public tax records / payroll tax records retention / business tax records retention / tax records retention