Record Retention Guidelines
Courtesy of: TSS Advisors, LLC
A NHADA Silver PARTNER
Overview
Proper record retention is essential to keeping your business compliant. This resource will help you gain an understanding of retention guidelines for:
- Corporate Documents: Articles of incorporation; bylaws, stock and minute books, and more.
- Financial Records: Audit, review, and compilation reports, year-end trial balance, and more.
- Income Tax Matters: Federal Tax Forms, U.S. income tax returns, Form 8300, and more.
- Other Document Types: Employment applications, dealer license data, litigation papers, and more.
About TSS Advisors, LLC
TSS Advisors has built a strong reputation for understanding and addressing the unique challenges faced by franchised and independent automobile dealerships. As your dedicated business partner and advisor, we offer comprehensive services including accounting, auditing, and tax services, along with strategic guidance to enhance your financial performance. Our specialized offerings encompass dealership valuations, tax planning, consulting, mergers and acquisitions advisory, succession and estate planning, employee pay plan reviews, and LIFO calculations.
With a professional team that includes former dealership CFOs and Controllers, we leverage unique insights to help you maximize profits, uncover new growth opportunities, and navigate complex business landscapes effectively. In addition to our comprehensive business services, we offer independent financial services through TSS Wealth Management. Aligned with TSS Advisors, our pedigree uniquely positions us to offer holistic advice on the tax, business, and personal implications of your financial decisions, ensuring your future success.
At TSS Wealth Management, you benefit from access to seasoned advisors who provide objective financial guidance tailored to your goals. Our collaborative approach fosters long-term relationships, focusing solely on your financial objectives. We specialize in an integrated tax-centric strategy through comprehensive planning aimed at preserving and enhancing your wealth, supported by a commitment to delivering exceptional service and support.