UMW SBDC – First Thursday with the IRS: Best Practices for Business Recordkeeping

Best Practices for Business Recordkeeping

Join us for a virtual workshop designed to help business owners establish practical recordkeeping habits that support accurate financial reporting, simplify tax preparation, and reduce the risk of issues during a tax review or audit. Attendees will leave with a clear understanding of what records to keep, how to organize them, and how to maintain them throughout the year.

By the end of the workshop, attendees will be able to:

Understand the importance of accurate recordkeeping
Identify records needed to support income and expense reporting
Organize financial documents using efficient filing systems
Understand record retention for tax purposes

Speaker(s): Anika Pompey is a Senior Stakeholder Liaison with the Internal Revenue Service (IRS) in Washington, DC. As a Stakeholder Liaison, she is responsible for establishing and maintaining relationships with tax practitioners, business organizations, and other audiences for the purpose of providing education and outreach on IRS policies, practices, and procedures.

Prior to becoming a Senior Stakeholder Liaison, Anika held the position of Tax Compliance Officer (TCO). In this role, she planned and conducted examinations of individual income tax returns. She has also served as an On-the-Job Instructor for TCO trainees, and she completed the Frontline Leadership Readiness Program. Anika held the position of TCO for 7 years before becoming a TCO Group Manager. Anika has also held the position of Contact Representative where she was responsible for assisting customers with their tax accounts. Overall, Anika’s IRS career spans more than 20 years.