Record Retention Guidelines
For Businesses
Accurate recordkeeping is necessary for tax reporting purposes and overall business success. The links below provide general guidelines regarding the length of time specific business records should be retained.
For Individuals
Federal tax returns can generally be audited for up to three years after filing, and up to six years if the IRS suspects underreported income. It is wise to keep tax records for at least seven years after a return is filed. Follow these general recommendations for record retention of individual documents.
