04/29/2026
Stop throwing receipts. IRS keeps count.
We see it all the time: a “quick clean-out” turns into missing support for deductions, back taxes, and penalties when questions come up.
Most business records should be kept about 4 years for the general case—sometimes up to 7 depending on the situation.
Basic → Advanced retention checklist (start here):
Income: W-2s, 1099s, and bank statements that show deposits
Expenses: receipts + invoices that prove what was bought and why
Backups: digital copies (cloud/scans) so you can re-create the set
Want a retention system that matches your business—not a one-size template? Book a consultation at www.rockstoneservices.com/consultation.