third-party recordkeeper
- An entity, such as a bank or accountant, that is called upon to provide relevant documents for a tax inquiry concerning a separate, different party
- The IRS reached out to the third-party recordkeeper for more details on the business expenditures.
- The tax consultant served as a third-party recordkeeper, managing all relevant financial documents.
- Due to a tax audit, the third-party recordkeeper had to hand over all pertinent financial records.
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