Massage Therapist Practice Exam

Category - Standards & Practices

Tax records should ideally be kept for how long?
  1. 10 years
  2. 1 year
  3. Indefinitely
  4. 5 years
Explanation
Answer: C - Tax records should be kept indefinitely. A responsible business owner has all their tax records properly filed and safely placed. If you are ever audited by the IRS, you may be asked to show records from many years prior.
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