Business Taxes
Business Documents To Keep For Six Years
Business Records To Keep Forever
Special Circumstances
- Accident Reports, Claims
- Accounts Payable Ledgers and Schedules
- Accounts Receivable Ledger and Schedules
- Cancelled Checks
- Cancelled Stock and Bond Certificates
- Employment Tax Records
- Inventories of Products, Materials, Supplies
- Invoices to Customers
- Notes Receivable Ledgers, Schedules
- Payroll Records and Summaries
- Purchase Orders
- Sales Records
- Time Books
- Travel and Entertainment Records
Business Records To Keep Forever
- Audit Reports from CPAs/Accountants
- Cancelled Checks for Important Payments especially tax payments)
- Cash Books, Charts of Accounts
- Contracts, Leases Currently in Effect
- Corporate Documents (incorporation, charter, by-laws, etc.)
- Deeds
- Depreciation Schedules
- Financial Statements (Year End)
- General and Private Ledgers, Year End Trial Balances
- Insurance Records
- Journals
- Legal Records, Correspondence and Other Important Matters
- Minutes Books of Directors and Stockholders
- Mortgages, Bills of Sale
- Property Records
- Retirement and Pension Records
- Tax Returns and Worksheets
Special Circumstances
- Car Records (keep until the car is sold)
- Credit Card Receipts (keep until verified on your statement)
- Insurance Policies (keep for the life of the policy)
- Mortgages/Deeds/Leases (keep 6 years beyond agreement)
- Pay Stubs (keep until reconciled with your W-2)
- Property Records/Improvement receipts (keep until property is sold)
- Sales Receipts (keep for life of the warranty)
- Stock and Bonds Records (keep for 6 years beyond selling)