Now let's discuss why North Carolina is known as both the Tar Heel State and the Old North State. Old North State History In 1629, King Charles I of England erected into a province all the land from Albemarle Sound on the north to the St. John's River on the south, which he directed should be called Carolina.
Recordkeeping Requirements EEOC Regulations require that employers keep all personnel or employment records for one year. If an employee is involuntarily terminated, his/her personnel records must be retained for one year from the date of termination.
4. Seven Year Rule for Record Retention(general rule). The rules on how long to keep financial records varies depending on what you are saving. For up to date tax filings, 7 years is a safe rule of thumb.Some people might say that is too long, but it is easier to follow this rule than to have to keep track how long you should keep different info.We suggest you keep tax returns for the life of your company. Scan them and save them both on and off site..or up to date tax filings, 7 years is a safe rule of thumb. Some people might say that is too long, but it is easier to follow this rule than to have to keep track how long you should keep different info. We suggest you keep tax returns for the life of your company. Scan them and save them both on and off site..