One of the first questions our clients ask us is how long they need to maintain their personal or business records. We’ve provided this record retention list to give you a quick snapshot of the guidelines to follow for retaining your records over time.
How long should you store your tax records and other information? View the document retention list to help you identify what documents can and should be shredded and when.
View the government links to many government agencies that provide the latest information and forms.
Tax Information Site
American Institute of Certified Public Accountants
Committed to member service and the public interest, the American Institute of Certified Public Accountants and its predecessors have been serving the accounting profession since 1887.
Peer Review Report
We are required to have a peer review of our accounting and auditing practice, once every three years. The peer review is conducted by an independent evaluator known as a peer reviewer. The AICPA oversees the program.
Firms have peer reviews because of the public interest in the quality of the accounting, auditing, and attestation services provided by public accounting firms. Peer review contributes to the quality and effectiveness of our practice.
View or download Torkelson & Associates CPAs, LLP Peer Review Report 2020 (PDF)