How long do you hold on to your bank and credit card statements? It may very well be longer than you need to. It’s recommended that individuals destroy their bank statements after only one year and businesses destroy them after six. With banks sending monthly and annual paper statements, it’s understandable to have accumulated a […]
The period of time that you need to store employee paperwork — including items like pay stubs, timesheets, payroll information and contracts — varies based on your location. Here in Ontario, you must hold on to employee paperwork for the duration of your employee’s time with you, and then for an additional three years after […]
If you own or work for a business that regularly uses contracts, you’ll be all too familiar with the massive amount of paperwork that comes with ‘signing on the dotted line.’ Since contracts are usually drawn up when employment, services, tangible goods, or money is involved, they often include personal details and confidential information. This […]
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