Document Retention FAQs for Tax Practitioners

This series of frequently asked questions (FAQs) provide guidelines for tax practitioners to consider when preparing a written document retention policy for their firm. Additional guidance is provided to help practitioners advise their clients on taxpayer record retention.

Document retention policies for firm operations and client records

Should firms maintain a written document retention policy?

It’s important for all tax practitioners to maintain a written document retention policy. A well-crafted and followed policy promotes efficiency, could assist the firm in