Mexico is located on the continent of North America in the Northern and Western Hemispheres. Mexico is located south of the United States and is bordered by the Gulf of Mexico and the Caribbean Sea on the east and the Pacific Ocean on the west and south.
However, if an employee suffers a work-related accident or files a claim against the business, it's advisable to retain your records for up to 10 years after the claim is resolved. Job applicant information must be kept for at least three years, even if you didn't hire the applicant.
Most business owners donât know how long they should hold on to old records. According to the IRS, hereâs how long you should keep those records:Permanently: 1  general ledgers and journals. 2  payroll records, including W-2s, 940s, 941s. 3  year-end financial statements. 4  tax returns and supporting documents.ost business owners donât know how long they should hold on to old records. According to the IRS, hereâs how long you should keep those records: