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DO YOU KNOW HOW LONG TO KEEP YOUR RECORDS?
posted May 7, 2002



Guiding businesses and individuals
to financial success since 1979.

Seven Years

Cancelled Checks
Credit Card Receipts
Paid Invoices
Bank Deposit Slips
Bank Statements
Employment Tax Returns
Expense Records
Entertainment Records
Inventory Records

Ownership plus 7 Years

Home Improvement Records
Investment Records

Permanent

Tax Returns
Contracts
Financial Statements
Corporate Stock Records
Real Estate Records

Life of company plus 7 years

Minutes of Meetings
Journals and General Ledger

Life of assets plus 7 years

Depreciation Schedules

Period of employment plus 7 years

Employee Records
Computer maintained records should be kept for the same time period as for manual records.

This list is not all inclusive and if you would like additional information, please do not hesitate to contact us.

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R. L. DePanfilis & Company, LLC
13 Byington Place  •  Norwalk, CT 06852
Voice: 203-853-1040  •  Fax: 203-853-9070   •  info@depanfilis.com