Comments on: The Responsibilities of a Tax Preparer http://www.taxabletalk.com/2009/10/25/1560/ From Russ Fox, E.A., of Clayton Financial and Tax of Las Vegas, NV. All of the items below are for information only and are not meant as tax advice. Please consult your own tax advisor to see how each item impacts your own situation. Fri, 03 Feb 2012 02:18:00 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Robert D Flach http://www.taxabletalk.com/2009/10/25/1560/#comment-140 Robert D Flach Tue, 27 Oct 2009 11:57:25 +0000 http://taxabletalk.com/?p=1560#comment-140 RF- A sincere thank you for the kind words and the reference to my post series. You do have a good point about saving copies of documentation for at least 6 years. I actually suggest that the copy of the Form 1040 and attached schedules and forms should be kept forever, if for nothing else then as a record of personal financial history. My client letter merely stated the legal minimum holding period. And I do agree that it is a good idea to have clients sign an Engagement Letter. Thanks again! RF RF-

A sincere thank you for the kind words and the reference to my post series.

You do have a good point about saving copies of documentation for at least 6 years. I actually suggest that the copy of the Form 1040 and attached schedules and forms should be kept forever, if for nothing else then as a record of personal financial history. My client letter merely stated the legal minimum holding period.

And I do agree that it is a good idea to have clients sign an Engagement Letter.

Thanks again!

RF

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