how long do you keep employee records after termination
In the case of employment records, the IRS guidelines say to keep the records for a minimum of four years after you pay the tax or the tax is due, whichever of the two dates is later. Small business expert Rieva Lesonsky suggests you keep employment records for a minimum of two years and for up to seven years. She says that most states have a two-year statute of limitations on lawsuit filings by former employees, so you want to make sure you have documents at hand if this occurs.