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RECOMMENDED RECORD RETENTION PERIODS FOR BUSINESS RECORDS In Retention Period Order Permanent Records Appropriate ledger and related end of year trial balances Cancelled checks for payment of taxes,

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What is recommended record retention periods?

Recommended record retention periods are the guidelines for how long certain records should be kept for legal and business purposes.

Who is required to file recommended record retention periods?

All organizations and businesses are recommended to file record retention periods to ensure compliance and organized record-keeping.

How to fill out recommended record retention periods?

Recommended record retention periods can be filled out manually or electronically, with information such as the type of record, retention period, and storage location.

What is the purpose of recommended record retention periods?

The purpose of recommended record retention periods is to ensure that important records are kept for the required amount of time for legal and business purposes, and to facilitate efficient record-keeping and retrieval.

What information must be reported on recommended record retention periods?

Information such as the type of record, retention period, storage location, and any relevant notes or details must be reported on recommended record retention periods.

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