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.
Banks offer better record keeping than credit unions for both personal and business credit cards and checking accounts. For instance, banks retain historical credit card statements for much longer than credit unions, on average (78 months vs. 59 months) Personal checking accounts provide online statements that are available for immediate download for much longer than business checking accounts (44 months vs. 33 months).