Q. We are selling our house and moving into an assisted living facility. My wife has put me in charge of disposing of our old paperwork. Most of the paperwork consists of our house bills, personal tax ...

Record retention refers to the storage of records no longer active. Some records such as birth and marriage certificates, discharge papers from the armed services, naturalization papers, wills, ...

Paper, paper and still more paper! When can these documents be destroyed? We get questions about tax backup documentation from clients often. To assist you, we provide some ideas to carefully consider ...

Managing financial records can be overwhelming for small business owners. The question of whether to hold on to records for too long, long enough, or not long enough can be confusing. To avoid any ...

The Internal Revenue Service’s policies don’t comply with some of the federal government’s requirements that agencies must ensure all records are retrievable and usable for as long as needed, ...

Retention of sponsored project expense documentation is important, especially in the event of an audit. If a sponsored project is audited and supporting expense documentation cannot be provided to the ...

The University at Buffalo (UB, university) requires retention of university records, regardless of format, for specific periods of time in accordance with federal, state, and other legal and ...

Question: My wife gave me the job this holiday season to clean out all our old paperwork from the garage. We have boxes of our tax papers and house bills that we have accumulated for decades. What tax ...