Page 45 - Keeping Business Records
P. 45
Record Keeping
Why Keep How Long to
Records? Keep Records?
Everyone in business You must keep your records
must keep records. Businesses as long as they may be
Good records will help needed for the
you.. administration of any
provision of the Internal
Revenue Code.
01 02
Generally, this means you
must keep records that
support an item of income or
deduction on a return until
the period of limitations for
that return runs out.
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