Field Guide To Union Leadership
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 You are here: Home >> Operating the Union >> Financial Procedures >> Record Retention Periods

Record Retention Periods

Records that must be saved for at least 6 years

  Cancelled checks
  Bank statements
  Duplicate receipts
  Vouchers
  Completed journals
  Dues Check-off lists
  Employee withholding records
  LM-2 or LM-3 forms must be maintained for at least five years.
  Payroll tax forms must be maintained for at least five years.
  Form 990 and supporting records must be kept indefinitely


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