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This fact sheet provides general information concerning the recordkeeping requirements for employers under the H-2B program for H-2B applications submitted on or after April 29, 2015. It details the
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How to fill out Fact Sheet #78I

01
Gather all necessary information regarding your business or project.
02
Begin with the title section and enter the full name of the organization or project.
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Fill in the contact information, including telephone number, email address, and physical address.
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Provide a brief overview of the purpose of the fact sheet.
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Who needs Fact Sheet #78I?

01
Business owners seeking to provide information about their organization.
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Organizations needing to communicate key facts to stakeholders.
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Individuals preparing for grant applications or funding requests.
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Often, employers will use a 7-year rule for purging terminated employee files as this typically covers state and federal statutes of limitations; although shorter retention periods may suffice for some records such as I-9 forms and longer periods may apply to other records such as OSHA exposure records.
Federal Guidelines Under federal law, employers must retain payroll records for at least three years. The Department of Labor developed resources outlining the requirements to help covered employers maintain their compliance with federal wage and hour laws.
​​This section discusses your obligation for retaining records related to recruiting and hiring. Retention requirements vary ing to different laws. With respect to applications, the law requires you to keep all job applications of those who weren't hired for at least four years.
Record-Keeping Policy - Record Maintenance, Retention and Destruction Health & Benefits Records ​Unemployment Claim Records ​Termination + 4 yrs. ​​* Note: If an applicant is ultimately not hired, the above records should be retained for three (3) years after the no-hire decision is made. ​ Retirement ​66 more rows
Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction. Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return. Keep records indefinitely if you do not file a return.

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Fact Sheet #78I is a document used to report specific information required by regulatory authorities, typically concerning employment and income.
Individuals or organizations that meet certain criteria set by the regulatory authority are required to file Fact Sheet #78I, usually those involved in specific employment or financial activities.
To fill out Fact Sheet #78I, one must provide accurate information as prompted in the document, including sections relevant to personal or organizational data, and ensure compliance with the filing guidelines.
The purpose of Fact Sheet #78I is to gather required data to ensure compliance with regulations and provide transparency regarding employment and financial practices.
Information that must be reported on Fact Sheet #78I typically includes personal or business identification, financial data, employment details, and any other specific metrics as mandated by the regulatory authority.
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