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It is very important to keep specific records on file. Per the IRS, all records of employment taxes for at least four years after filing the 4th quarter for the year. These should be available for IRS review this includes:
These records should be kept for a minimum of 4 years:
For more information visti the IRS - Employer Tax Recordkeeping
The following records should be held for a minimum of 3 years:
The following should be retained for a minimum of 2 years:
For more information visti the United States Department of Labor - FLSA