Comments on: Record Retention Requirements http://bestbizpractices.org/2009/09/16/record-retention-requirements/ Because America runs on small business! Sat, 31 Jul 2010 14:04:49 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Michael Hartzell http://bestbizpractices.org/2009/09/16/record-retention-requirements/comment-page-1/#comment-1003 Michael Hartzell Thu, 14 Jan 2010 04:37:52 +0000 http://bestbizpractices.org/?p=675#comment-1003 Now we're talking. Meat on the blog bones. No fluff here. Added a link to your website on my resources page. In fact, on second thought, maybe some will under-appreciate the thoroughness since it could have them working extra hours during American Idol. How sad is that? :) @michaelhartzell Now we’re talking. Meat on the blog bones. No fluff here. Added a link to your website on my resources page.

In fact, on second thought, maybe some will under-appreciate the thoroughness since it could have them working extra hours during American Idol.

How sad is that? :)

@michaelhartzell

]]> By: Kellie Becker http://bestbizpractices.org/2009/09/16/record-retention-requirements/comment-page-1/#comment-701 Kellie Becker Wed, 18 Nov 2009 23:24:34 +0000 http://bestbizpractices.org/?p=675#comment-701 Great article! The documentation requirements of the seemingly never ending paper-trail is growing particularly with email/new technologies. Ensuring critical communications and documentation are filed properly is becoming much more onerous for small business. For example, now that many deposits are made electronically, and many bank statements do not provide images of bank slips (as they do checks), ensuring those transactions are filed correctly is time-consuming. The well-organized, succinct list is exactly what I need! Great article! The documentation requirements of the seemingly never ending paper-trail is growing particularly with email/new technologies. Ensuring critical communications and documentation are filed properly is becoming much more onerous for small business. For example, now that many deposits are made electronically, and many bank statements do not provide images of bank slips (as they do checks), ensuring those transactions are filed correctly is time-consuming. The well-organized, succinct list is exactly what I need!

]]> By: Richard Forselius http://bestbizpractices.org/2009/09/16/record-retention-requirements/comment-page-1/#comment-179 Richard Forselius Tue, 22 Sep 2009 02:20:34 +0000 http://bestbizpractices.org/?p=675#comment-179 Thanks for your advice. I am constantly benchmarking records retension requirements through my ten years of experience managing an engineering records center with multiple backup methodologies including disaster recovery. Really appreciate it. Thanks for your advice. I am constantly benchmarking records retension requirements through my ten years of experience managing an engineering records center with multiple backup methodologies including disaster recovery. Really appreciate it.

]]> By: Dave Tipton http://bestbizpractices.org/2009/09/16/record-retention-requirements/comment-page-1/#comment-167 Dave Tipton Fri, 18 Sep 2009 16:35:01 +0000 http://bestbizpractices.org/?p=675#comment-167 Excellent article. I own a document scanning company, and would like to point out, that there is no reason whatsoever to keep your records in paper form. The IRS, unequivocally accepts scanned copies of your records just as if they were originals. If I can help anyone with questions concerning this, please let me know. It's a lot easier to keep 10 boxes on a DVD than it is to keep them in a warehouse. Further, you can dump copies of the DVD into a safe deposit box, a safe offsite and have a copy in the office for further record integrity. Excellent article. I own a document scanning company, and would like to point out, that there is no reason whatsoever to keep your records in paper form. The IRS, unequivocally accepts scanned copies of your records just as if they were originals. If I can help anyone with questions concerning this, please let me know. It’s a lot easier to keep 10 boxes on a DVD than it is to keep them in a warehouse. Further, you can dump copies of the DVD into a safe deposit box, a safe offsite and have a copy in the office for further record integrity.

]]> By: JoAnn Sainz-Dean http://bestbizpractices.org/2009/09/16/record-retention-requirements/comment-page-1/#comment-166 JoAnn Sainz-Dean Thu, 17 Sep 2009 20:32:21 +0000 http://bestbizpractices.org/?p=675#comment-166 This article was great & exactly the information I've been losing sleep over. THANK YOU! This article was great & exactly the information I’ve been losing sleep over. THANK YOU!

]]> By: Jeff Fischer http://bestbizpractices.org/2009/09/16/record-retention-requirements/comment-page-1/#comment-165 Jeff Fischer Thu, 17 Sep 2009 16:27:23 +0000 http://bestbizpractices.org/?p=675#comment-165 Great article and very timely. I deal with a lot of records on a regular basis and I did not know some of the data in this column. When in doubt retain especially if there is an opportunity for legal or accounting action. Great article and very timely. I deal with a lot of records on a regular basis and I did not know some of the data in this column.
When in doubt retain especially if there is an opportunity for legal or accounting action.

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