Paperwork and Record-Keeping
» Paperwork and Record-Keeping, Volume 3, Issue 5, 2003
9c. How long do you keep those records before getting rid of them?
Response | ||||
---|---|---|---|---|
1 | 2 years or less | 0 | ||
2 | 3 - 6 years | 19 | ||
3 | 7 years or more | 42 | ||
4 | Indefinitely | 33 | ||
5 | Other, depends, periodically toss, etc. | 0 | ||
6 | DK/Refuse | 5 | ||
Total (%) | 99 | |||
N | 363 |
Notes: Nineteen (19) percent of small, employing businesses retain their tax records six years or less (Q#9c).