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elai · 01-29-2008, 04:11 AM

What exactly is necessary to keep in original paper form vs. just a scanned copy where the original is shredded? For how long do you have to keep these records? And bonus points if you know the requirements for Canada.

So far all I can think of are paper receipts/invoices for tax audits (and the time limit is around 7 years). Legal documents/contracts feel like they have to be, but I'm not sure.

01-29-2008, 04:11 AM	#1 (permalink)
elai Member Join Date: Nov 2006 Posts: 50	Mandatory Paper Records? What exactly is necessary to keep in original paper form vs. just a scanned copy where the original is shredded? For how long do you have to keep these records? And bonus points if you know the requirements for Canada. So far all I can think of are paper receipts/invoices for tax audits (and the time limit is around 7 years). Legal documents/contracts feel like they have to be, but I'm not sure.