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Note that while the FLSA does not have specific instructions on how you organize your files, their website states, ?records must be kept at the place of employment or in a central records office.? Here is the list of documents to keep, including employment records: Employee's full name and social security number.

You must be able to produce receipts, invoices, canceled checks or bank records that support all expense items. You should also keep sales slips, invoices or bank records to support all income items. These records should be retained for at least 10 years after they have expired.

Section 286 of the Corporations Act requires financial records to be kept for at least seven years after the transactions covered by the records are complete.

Keep 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. Records should include: Your employer identification number.

The IRS requires you to save payroll and paycheck records that include dates of wages, dates of employment, and dates and amounts of tax deposits for at least four years. The clock starts after the filing of the fourth quarter of the year.

The IRS requires you to save payroll and paycheck records that include dates of wages, dates of employment, and dates and amounts of tax deposits for at least four years.

Employers are obligated to keep copies of W-2 forms for four years, but some may keep them for longer. Be aware that some employers may charge a fee for administering a copy of your W-2. If you're unable to contact your former employer, fortunately, there's an even easier way to retrieve old W-2 forms: through the IRS.

The rule covers records of employee exposure to toxic substances and harmful physical agents (as defined by 1910.1020(c)(5)) and employee personal medical records (as defined by 1910.1020(c)(6)). Exposure records must be maintained for 30 years.