baddierenee1689 baddierenee1689
  • 26-03-2019
  • Business
contestada

How long should sales records such as invoices and monthly statements be stored?

Respuesta :

MrDay
MrDay MrDay
  • 26-03-2019

The IRS suggests all business records should be kept seven years. This allows firms to have records in case there is change to their taxes.

Answer Link
Checkers94
Checkers94 Checkers94
  • 26-03-2019
7 years, but in some highly regulated industries, such as financial services (broker dealer/ investment services), best practices is considered to be 10 years
Answer Link

Otras preguntas

The most serious problem with aggression is that
Please help me out please
What is the radius of a circle with an area of 50.24 square inches? Use 3.14 for pi. Enter your answer in the box.
Qu’est-ce qui différencie les poètes romantiques de leurs prédécesseurs ?
An ordinary Fair die is a cube with the numbers 1 through 6 on the sides represented by painted spots imagine that such a die is rolled twice in succession and
graph of f(x) = 3^x + 1?
find the exact circumference of a circle with the given radius 3 and 1/2 cm​
98 POINTS WORTH PLEASE I NEED HELP ASAP!!!!!Write a description of the issue. just a few sentences for eachpopulationglobal culture and heritage preservationcli
Decide si hace buen o mal tiempo en cada situación ¿Cómo está el tiempo si hace mucho viento con mucha fuerza? Hace buen tiempo Hace mal tiempo
WILL CHOOSE THE BRAINLIEST! What is NOT TRUE about the 1857 Supreme Court Case of Dred Scott vs. Sanford? Made the Federal Government powerless concerning the