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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Rules vary by jurisdiction, but in general, a sales tax exemption will allow sales tax free purchases for businesses that are registered nonprofits.

Filing 162
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5 Long-Term Financial Goals and How to Achieve Them

Success

Buy a house or investment property Expected time: 5-10 years Account types: High-yield savings, brokerage accounts, CDs Whether you’re dreaming of first-time homeownership, a vacation home or investment properties, real estate purchases are one of the most popular long-term financial goals.

Goals 288
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4 Tips For Keeping Important Documents Safe

Practically Perfect PA

We all have important documents that we need to keep safe. Whether it is for personal or business use, there are always some papers, invoices and key documents we just can’t afford to lose. It seems obvious, but whether you are storing your documents offline or online, you need to keep them in one place.

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What Is a Credit Freeze, and Should I Do It?

Success

For example, if someone steals your credit card number, a credit freeze won’t stop them from making unauthorized purchases. The credit bureaus will ask you to provide certain documents, like a current utility bill or bank statement showing your name and full address and a copy of your driver’s license or passport.

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Getting The Best Real Estate Attorney 

Small Business CEO

One of the things that each one of us has to deal with as adults is that of having to ensure that the real properties we own and buy are legal and aboveboard. To do that, we need to sign legal documents and make sure that it follows all legal requirements and guidelines.

Legal 59
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Employee Records: End of year review & preparing for next year

BMT Office Administration

Then there are performance reviews and each employee’s history of disciplinary action, both of which are essential documents that can help you avoid litigation following a termination. Employers keep many records and documents about their employees, not only for legal requirements but also because it’s just a good business practice.

Medical 52