Description: Documents data reported on annual wage and tax statements and the
amounts withheld by payroll from employees' checks for tax purposes.
Examples: Records may include IRS forms 1099, W-2, W-3, W-4, and W-5.
Retention Period: Retain for 6 years, and then securely destroy.
Authority: 26 C.F.R. §31.6001; 830 C.M.R. § 62C.25.1