how long do you need to keep tax forms for old employees
In most cases, you should plan to save tax files for at least three years following the date of filing. In some instances, it may be necessary to keep tax documents for a longer period of time. For example, the IRS advises that employers should keep employment tax records for four years. Individuals who report a loss from worthless securities should keep records for seven years, and those who neglect to report 25% or more of their income should keep files for six years.