Browsing Tag

record keeping

3 posts
charity mileage deduction rates

Deductions for Charitable Mileage: Rates and Record Keeping

For charitable mileage deductions, find out how to choose rates and keep records that ensure maximum benefit and IRS compliance.
accurate financial record keeping

The Importance of Proper Record Keeping for Tax Compliance

Having proper record keeping is crucial for tax compliance and maximizing deductions, and understanding its benefits can help you stay organized and prepared.
tax document retention period

How Long to Keep Taxes

Just how long should you keep your tax records? Discover the crucial timelines that could save you from future headaches.