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#2
10-31-2004, 03:32 PM
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 Re: recorded retention and information requirement Jameson Vicars wrote: - quote - > What client documents and working papers are we required to
As Mike Wing, EA/CPA stated, efiling requires retention of> keep after preparing a return? I know the fed requirement is > name, ssn, etc. But what about accounting records and w-2's > etc. Thanks. any W-2 and/or 1099R with federal withholding shown, plus signature forms. To that I would suggest keeping a paper copy of at least pages1and2 of 1040 with other schedules if material. Otherwise, the return resides on the computer anyway (assuming you don't do it the old fashioned way, by hand). With computer files, however, make sure you have backup AND secure that computer with a password. ChEAr$, Harlan Lunsford, EA,ERO, and ETA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
10-31-2004, 01:18 PM
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| Re: recorded retention and information requirement - quote - > What client documents and working papers are we required to
If you e-file, you are required to keep the W-2s for at> keep after preparing a return? I know the fed requirement is > name, ssn, etc. But what about accounting records and w-2's > etc. Thanks. least a year and maybe 3, depending on the form you use to e-file. Helen, EA in PA Director, NAEA; Immediate Past President, PSEA; Tax Expert, AOL Enrolled Agents - THE Tax Professionals << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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10-28-2004, 12:02 AM
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| Re: recorded retention and information requirement Jameson Vicars wrote: - quote - > What client documents and working papers are we required to
No documents or workpapers need be retained UNLESS you have> keep after preparing a return? I know the fed requirement is > name, ssn, etc. But what about accounting records and w-2's > etc. Thanks. efiled the client's return. In that case you will probably have to retain W-2s, PIN authorizations and possibly any other "signature" forms that relate to the return. MTW << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
10-26-2004, 08:40 PM
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| recorded retention and information requirement What client documents and working papers are we required to keep after preparing a return? I know the fed requirement is name, ssn, etc. But what about accounting records and w-2's etc. Thanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| information, recorded, requirement, retention |
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