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What Kind of Records Should I Keep?

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Provided by: Internal Revenue Service You may choose any recordkeeping system suited to your business that clearly shows your income and expenses. The business you are in affects the type of records you need to keep for federal tax purposes. Your recordkeeping system should include a summary of your business transactions. This summary is ordinarily made in your business books …

Why Is File Management So Important?

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Provided By: Indeed There are many methods that a company might use to improve its organization and efficiency. One such method is file management, which allows a company to store its files in an organized manner and ensure organization and productivity. If you believe you or your company would benefit from additional organization, you might consider implementing a file management …

Business Documents: What to Keep and What to Shred

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If you run a small business, it’s amazing how much paper you can accumulate and how quickly your digital storage space fills up. Looking at your overflowing files, you may wonder, “Do I really need to keep all this stuff?” The answer is yes—and no. It depends on the kinds of business documents you have, and how old they are. …

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Storage Methods for Important Business Documents

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Provided by: Smallbizdaily Sponsored June 28, 2021 Storing and managing business documents is important, be it tax documents, invoice copies, receipts, photographs, vector images, and whatever type of document. It does not matter what your business is. What matters is that every important document is kept intact and safe for future use. There are two ways to store and secure …