Incident records should typically be preserved for at least 5-7 years, but this may vary depending on industry regulations, legal requirements, and company policies. It's important to check specific guidelines that apply to your organization.
You should keep the records for a minimum of 5 years.
A person should keep personal tax records for about 7 Years in Australia.
A small business should keep tax records for at least seven years.
Most people should save their financial records for at least seven years.
It is best to keep them for four to five years.
Seven years
Depends on the type of records, For example dental records (after the patient has left the practise) is 7 years, Financial records are 10 years
You should keep your business records for a minimum of three years for federal income tax purposes. Records retention for state tax agencies varies, but three years would also be a minimum for these tax authorities as well. Note that your records having to do with any depreciable capital assets should be kept until at least three years after the assets are disposed of. Also, any records having to do with tax carryover items should be kept for at three years after the carryover is used up.
3 years
Records must be maintained for a minimum of 3 years after the last visit.
Convictions can remain on your records for a number of years. Even petty theft can remain on your records for several years- a lot depends on the verdict, the circumstances the judge placed on you and the state or country the incident occurred in and where you live.