IRS Record Keeping Video

Receipts in a binder

Written by Charley Blewett

Content writing | Copywriting | Digital marketing, Your business represents your values; I will help you communicate your mission to your target market.

November 17, 2020

Good Recordkeeping Helps Avoid Headaches at Tax Time

IRS Short Video on Keeping Records for Taxes

Small business owners are responsible for maintaining the company records. Keeping the financial and employment-withholding records for 4 or more years may be necessary depending on your circumstances. Always check with your tax adviser for specifics to your circumstances.

IRS Publication 583 – Starting a Business and Keeping Records – contains useful business startup information. The section about record keeping starts on page 11. It includes info on paper/hard-copy records as well as electronic records.

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