IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

We keep our voided checks, but I am uncertain how long a period of time they should be retained.

March 24, 2023

Voided checks with backup must be retained to meet the 7-10 year requirement, plus any additional ti…...

Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today

Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.

Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.

What are you waiting for?

Become a Member

Get Certified

Attend an Event

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500

Accounts Payable & Procure-to-Pay ›

Accounts Receivable & Order-to-Cash ›

We keep our voided checks, but I am uncertain how long a period of time they should be retained.

Become A Member

Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.

Need Answers?

Related

Voided check retention

Where do I begin with escheatment?

Five Steps to Avoid the Risk of Unclaimed Property Noncompliance

Keeping Up with Unclaimed Property

Join our mailing list

Subscribe to our Monthly Insider