TX HHS Form H1861. Federal Tax Information Record Keeping and Destruction Log

The TX HHS Form H1861, Federal Tax Information Record Keeping and Destruction Log, is a crucial document for organizations that handle sensitive tax information. This form helps solve the problem of maintaining accurate records of federal tax information while also ensuring compliance with destruction procedures.

This log requires organizations to keep track of their record-keeping activities, including the type of information recorded, the frequency of updates, and the procedures followed for destroying outdated or unnecessary records. The form also outlines specific responsibilities, such as designating a records custodian and establishing a retention schedule. By using this form, organizations can ensure they are meeting federal regulations and maintaining transparency in their record-keeping practices.

The TX HHS Form H1861 is typically used by organizations that handle sensitive tax information, including government agencies, financial institutions, and healthcare providers. Key features of the form include:

• Required information: type of federal tax information recorded, frequency of updates, and procedures for destruction
• Conditions: designating a records custodian and establishing a retention schedule
• Situations where the form is used: maintaining accurate records of federal tax information while ensuring compliance with destruction procedures