To find out how your company compares with others in your industry, go to www.osha.gov/oshstats/work.html. You will need your companyâs SIC code. You can find âIncidence Rate Calculationâ and âFind Your SIC Codeâ quick links at www.employersclaim.com or www.mycomplink.net.
Store for 1 year: regular statements, pay stubs. Keep either a digital or hard copy of the past yearâs worth of your monthly bank and credit card statements. You should also hold on to pay stubs so that you can use them to verify the accuracy of your Form W-2 when tax season arrives.
Rule of thumb keep your files for 5 - 7 years. Your bank will keep your statements in their files. If you need any, you can send for them for a price.I keep mine for one year, then shred. Only a couple of times I have had to go back a year or two in order to prove a payment, not for the IRS...ule of thumb keep your files for 5 - 7 years. Your bank will keep your statements in their files. If you need any, you can send for them for a price.