Retaining Business Records
For help deciding what records to keep and for how long:
- For federal tax records, such as income tax, Social Security and Medicare withholding, and receipts for business expenditures, the Internal Revenue Service (IRS) offers an online guide to retaining records
- For assistance with workplace and labor-related records such as personnel files, job applications, and I-9 forms, the U.S. Department of Labor has a guide to record keeping
- For state tax records, such as sales taxes, use taxes, and employee withholdings, contact your state Department of Revenue
- View a video about retaining tax records
- For advice on record keeping, read Managing Your Tax Obligations from the Small Business Administration and contact a local office
- Get counseling on record keeping from retired business executives from the Service Corps of Retired Executives (SCORE)
Visit Ready.gov/Business to learn how to protect your business and essential records from disasters.
Need More Information? Try These Additional Resources:
- Starting a Business
- Small Business Questions - Small Business Administration
- Internal Revenue Service (IRS) - Small Business and Self-Employed Resources
The short link for this FAQ is http://1.usa.gov/ABhJ6L
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