Do you know where all of last year’s records are? How about 3 years ago? Who stores the records and accepts the legal liability for them? The basic IRS review period is three years, but there are exceptions that favor the IRS. The agency can make inquiries up to six years later. The timeframe can even be longer for other types of litigation.

IRS can always create a situation in which it says no time limit applies to the return by alleging that it was never filed or fraud was committed on the return. Copies of the return will be required to refute such an allegation -- so the safest practice is to keep your returns and pertinent records forever.

If your organization is filing tax returns at the state or federal level, where would you turn if they came back with questions about previous years? Archive Expert provides a single point of contact for records management in a tax and legal environment that changes from year to year. Our services include:

• Document pick up and drop off
• Environmentally protected storage
• 24x7 monitored facility
• Easy access to information regarding all documents you store with us
• Managed migration from this year’s management team to the next
• Affordable storage