Here
are the answers to some of the most Frequently Asked
Questions our firm receives.
Q. Document Retention:
YEARS
A. Bank
statements and cancelled checks: 10
Business correspondence: 3
Employee records: 3
Employment applications: 3
Insurance policies (expired): 3
Invoices from vendors: 7
Tax returns and related documents:
10
Q. Document Retention:
PERMANENT
A. Cancelled checks for
key transactions
Contracts and leases
Corporate minute books
Stock and Bond Records
Deeds, mortgages and bills of sale
General Ledgers (Business)
Real Estate and Improvement Records