Variations in Voter Identification Laws. Voter ID laws can be categorized in two ways. First, the laws can be sorted by whether the state asks for a photo ID or whether it accepts IDs without a photo as well. Second, the laws can be divided by what actions are available for voters who do not have ID.
1 Typically, the IRS can come after your business for failing to report income for up to 6 years after your filing if the amount is greater than 25% of your businessâs gross income. 2  If you filed for a deduction for a bad debt or worthless security, the IRS suggests you keep your supporting tax records for 7 years. If you filed for a deduction for a bad debt or worthless security, the IRS suggests you keep your supporting tax records for 7 years. 2  Under these circumstances, you may generally wish to retain your supportive records for at least 7 years. 3  Employment Tax Records.
1 You are required to keep financial records for a minimum of five years after they are prepared, obtained or the transactions completed (whichever occurs later). 2  Your obligations to keep records for five years continue even if you sell, close, or retire from your business. Your obligations to keep records for five years continue even if you sell, close, or retire from your business. 2  The records need to be in plain English and allow for ease of access should the tax office ever wish to see them.