Good recordkeeping supports accurate returns, due diligence, client service, and responses to IRS inquiries.

Records to maintain

  • Signed authorizations and acknowledgments where applicable.
  • Copies of returns and supporting worksheets.
  • Due diligence documentation and Form 8867 support.
  • Client document requests, notes, and responses.
  • Quality review notes and escalation decisions.

Recommended retention: Keep due diligence records for at least 3 years. Retain longer when professional rules, state rules, or the facts require it.