An individual, not a client, not on the list, asked me how long an
accounting firm is obligated to retain tax records prepared for clients.
Since the client was furnished a copy and the federal government got a copy
the retention of the client's copy by an accounting firm would seem to me to
be the current year, plus 6 years, to insure the statue of limitations are
met. They would of course be required to establish a new date if the IRS
found fault and questioned the return.
Can anyone have a legal citation for something besides the IRS legal
Bob Dalton, CRM
[log in to unmask]
List archives at http://lists.ufl.edu/archives/recmgmt-l.html
Contact [log in to unmask] for assistance