The following formula is used to calculate the specific gravity of a material. Where SG = specific gravity, Ï = density of the material (kg/m3), ÏW = density of water ( kg/m3). The reference density of water at 4oC (39oF) is used as the reference as these are the conditions of maximum density.
Most business owners donât know how long they should hold on to old records. According to the IRS, hereâs how long you should keep those records: Permanently: 1  general ledgers and journals. 2  payroll records, including W-2s, 940s, 941s. 3  year-end financial statements.4  tax returns and supporting documents. 5  articles of incorporation, bylaws, meeting minutes, etc. 6  retirement plan records.ost business owners donât know how long they should hold on to old records. According to the IRS, hereâs how long you should keep those records: Permanently: 1  general ledgers and journals. 2  payroll records, including W-2s, 940s, 941s. 3  year-end financial statements. 4  tax returns and supporting documents.
I've seen them reach back 12 years! Because you are only keeping the actual tax return and proof of payment, you can probably fit a whole decade into a single file folder. I like to keep both a paper copy and an electronic copy of each tax return. Some Records You Need to Keep Indefinitely. 1. Closing escrow statements (the HUD-1 statements) from the purchase and all refinances of your home and other real estate should be kept until 5 years after you sell the property.