The Federal Income Tax Withholding Law requires that all employment data be kept on file permanently.

Question

Quizplus · Accepted Answer

While the Federal Income Tax Withholding Law does require employers to keep certain employment data, such as tax forms and wage records, it does not require that all data be kept permanently. Instead, the law sets specific time frames for how long different types of records must be kept. For example, most payroll records must be kept for at least three years, while employment tax records should be kept for at least four years. After these time periods, the records can be disposed of.

The Federal Income Tax Withholding Law Requires That All Employment