Monday, August 21, 2017
Text Size

Record Retention Guides

Why Keep Records?

In addition to tax purposes, you may need to keep records for insurance purposes or for getting a loan. Good records will help you:

  • Identify sources of income.

  • Keep track of expenses. .

  • Keep track of the basis of property. 

  • Prepare tax returns. 

  • Support items reported on tax returns.

There is a good resource on the IRS website.  You may also want to download a printable PDF for reference.

Stockmarket Update

1 DOW 21,703.75
+29.24 (0.13%)    
2 S&P 2,428.37
+2.82 (0.12%)    

Newsletter Signup

Cork, Hill & Company offers a free monthly newsletter.

Sign up now

Client Login