The Record Retention Guide INTRODUCTION. return is filed, the next important question is just how long must these business records be retained.. IF you have THEN you must keep records that show details of the following elements:

See ABC13’s report on public records on Thursday evening’s newscast at 6:30 and 10 p.m. Each year, the attorney general’s office receives hundreds of thousands of requests to keep records private..

Record Keeping for a Small Business Participant Guide Money Smart for a Small Business Curriculum Page 6 of 18 Keep Good Records The term "record keeping" refers to the orderly and disciplined practice of storing business records.

Disclaimer: Fit Small Business does not provide legal or tax advice. Please confirm document retention requirements with HR, payroll, legal and/or tax professionals in your state.. New York, Illinois, and Washington – have enacted legislation that affects what payroll records to keep and.

How To Start A Small Import Export Business As undergraduates, Solis and Robiou studied the problems facing small. markets or to export-import brokers. Neither option is very profitable for the growers. “That was part of the reason to start.

Keeping good records tax records can protect you in an audit and help fix mistakes. Here are some guidelines about how long to keep tax records.

The length of time you’ll need to keep records depends on the action or expense each document records, and on the period of limitations of the relevant tax return.. Read on for more information about how long to keep records for business taxes.. Small Business .

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The Long service benefits portability act 2018 has been passed by Parliament and will come into operation by 1 July 2019. For the first time, workers in the contract cleaning, security and community services sectors will be able to access long service entitlements, even if their employer changes.

If you are running a small business, you will need to keep records in order to maintain your corporate status. Even if you choose not to incorporate your small business, it simply makes sense to keep business records.

But how long do you really need to keep your business records? In fact, you can be downright inundated with records. from tax returns and expense receipts, to invoices, cancelled checks, payroll records, bank statements, meeting minutes-the list goes on.

Business records – – Keep your duplicate deposit slips, bank statements, and cancelled cheques. Keep separate records for each business you run. If you want to keep computerized records, make sure they are clear and easy to read.

Regardless of industry, many small businesses struggle with these five common challenges. automate tracking work hours and.

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