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Subject Author Date
What do we keep copies of jhiciano 03-10-2007
Posted by jhiciano on March 10, 2007, 3:08 am
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 After a client files taxes, what should we keep a copy of.
W2, tax return, social security card, id, what not ????

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
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<< Copyright (2006) - All rights reserved. >>
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Posted by Herb Smith on March 11, 2007, 4:28 am
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 jhici...@gmail.com wrote:

> After a client files taxes, =A0what should we keep a copy of.
> W2, tax return, social security card, id, what not ????

Who is "we"? Are you a Paid Preparer and/or ERO? If so, you
must keep a complete copy of the return that was filed,
including supporting worksheets, etc for a minimum of three
years. The client attaches copies of the W-2s to the return
before mailing it in. If you efile the return, keep a copy
of the return for three years, including a signed copy of
the 8453 form. Mail a copy of the 8453 and attached W-2s to
the IRS service center after the return is accepted.

If you are not a paid preparer, you keep NOTHING.

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Harlan Lunsford on March 12, 2007, 5:13 am
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Herb Smith wrote:
> jhici...@gmail.com wrote:

>> After a client files taxes, =A0what should we keep a copy of.
>> W2, tax return, social security card, id, what not ????

> Who is "we"? Are you a Paid Preparer and/or ERO? If so, you
> must keep a complete copy of the return that was filed,
> including supporting worksheets, etc for a minimum of three
> years. The client attaches copies of the W-2s to the return
> before mailing it in. If you efile the return, keep a copy
> of the return for three years, including a signed copy of
> the 8453 form. Mail a copy of the 8453 and attached W-2s to
> the IRS service center after the return is accepted.
>
> If you are not a paid preparer, you keep NOTHING.

Maybe my reply of yesterday will eventually turn up, but
suffice to say now that copies of returns are not required
by IRS to be kept, neither by paid preparers or by ERO's.
All paid preparers must maintain at minimum names and
numbers of clients. ERO's at minimum must keep signed
8453's or 8879's for the three years.

ChEAr$,
Harlan Lunsford, EA n LA

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Paul Thomas, CPA on March 11, 2007, 4:28 am
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> After a client files taxes, what should we keep a copy of.
> W2, tax return, social security card, id, what not ????

I keep a copy of everything in my working files. That
includes everything I think is necessary to justify the
entries I made.

--
Paul Thomas, CPA
paulthomascpapc@bellsouth.net

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by clj1219@bellsouth.net on March 12, 2007, 5:13 am
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> jhici...@gmail.com wrote:

>> After a client files taxes, what should we keep a copy of.
>> W2, tax return, social security card, id, what not ????

> Who is "we"? Are you a Paid Preparer and/or ERO? If so, you
> must keep a complete copy of the return that was filed,
> including supporting worksheets, etc for a minimum of three
> years. The client attaches copies of the W-2s to the return
> before mailing it in. If you efile the return, keep a copy
> of the return for three years, including a signed copy of
> the 8453 form. Mail a copy of the 8453 and attached W-2s to
> the IRS service center after the return is accepted.
>
> If you are not a paid preparer, you keep NOTHING.

I thought that a couple of years ago they did away with the
need for sending the W2s attached to the 8453. We haven't
sent them in at least two years.

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Similar ThreadsPosted
signed copies of returns provided to clients December 12, 2006, 2:35 am

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