Tax time creates a flurry of paper-activity for many individuals. No one likes scurrying to find that forgotten DVM paperwork or business related write-offs. This year, try to create a well established system that is specific to your household. You can even start fresh for 2018! As always, please ask your CPA, financial planner, or accounting firm about retention guidelines.
How long should I keep records?
The length of time you should keep a document depends on the action, expense, or event which the document records. Generally, you must keep your records that support an item of income, deduction or credit shown on your tax return until the period of limitations for that tax return runs out.
Tax season is officially upon us. By now, you have probably already begun receiving your W-2s, 1099’s or other tax documents in the mail. That means there is no better time to get started with your organization to make filing your taxes a little easier this year.
Are you a businesswoman in need of a mentor? Speed mentoring takes place on February 12th with the strongest and brightest professional women in Silicon Valley! I am very proud to be one of the mentors.
The event will offer attendees the opportunity to choose from 40 mentors who are the most influential women in the community for one-on-one mentoring sessions. Use college17 to save 40% on your ticket!
I have been using Sum of All Numbers payroll and bookkeeping services for years and I highly recommend them. They provide reliable, accurate, and cost-effective accounting solutions to meet your business needs.