Keeping Your Records Safe

We are approaching the New Year and this is a good time to start getting things in order…because it will soon be tax season. “Let us enjoy the holidays”, you must be saying; but it is never too early to start putting things in order for the next year.
Four steps to safeguard your tax records

One of the most important steps, to be followed by individuals and businesses, is to maintain proper tax records. The IRS offers four steps to safeguard your tax records:
1. Have an electronic backup of all your records – Take a copy of all your important documents save them in CDs, DVDs, etc. which are easy to store.

2. Document all the valuable items available at home or at a business location – Take photographs of all the expensive possessions and keep the photographs in a safe location, outside your home/office.
3. Review your emergency plans every year. Every home and office should have a well thought out emergency escape plan. It should be something every member of the family/staff should be aware of, and it should be reviewed and practiced regularly.
4. Contact the IRS – Trained representatives will be able to help you face disastrous situations. Agencies like us, can help you contact the IRS for the forms 4506, 4506-T and 4506t-EZ, which are required to receive transcripts of past tax records.

Be safe, be prepared, and enjoy the holidays!

This entry was posted in IRS and Tax Transcripts and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s