2K Consulting

How long should you actually keep your tax documents? 🤔🗂️

Long enough that you don’t panic when someone asks for them years later. 😅

The IRS has different record retention recommendations depending on the situation — and some documents should honestly be kept indefinitely.

Inside this post, we break down:
✔️ Standard tax record timelines
✔️ Payroll & employment record requirements
✔️ When 6–7 years applies
✔️ Which records you should probably never throw away

One of the best habits you can build as a business owner is keeping organized financial records year-round. Future you (and your bookkeeper 🤭) will thank you.

Save this post so you have it when it’s time to clean out those files! 📂

Still using QuickBooks Desktop 2023? Here’s your heads up 👇

Intuit is officially phasing it out, and as of May 31, 2026, support, security updates, and services like payroll and banking will be gone.

That means:
→ No more updates
→ No more security patches
→ No more technical support

Will it still open? Probably.
Should you rely on it? Not really.

Over time, it’s going to become outdated (and risky), which is not where you want your business finances living.

If you’re not sure what your next move should be—or you’ve been putting off switching to QuickBooks Online (or something else)—this is your sign to start the conversation.

Send us a message or drop a comment 👇

We’ll help you figure out the right plan 👍

Your May money check-in is simple… but most business owners skip it.

These 5 reports tell you everything you need to know about how your business is actually doing right now—not just how it feels.

If you’re reviewing them monthly, you’re ahead of the game.

If you’re not… it’s usually not a discipline problem—it’s a bookkeeping problem.

And that’s fixable. 😉

Need help getting your books to a place where these reports actually mean something? You know where to find us. 📲