Records to keep (and who keeps them)
records_checklistThe records the regulations expect for the prevailing wage and apprenticeship requirements (26 CFR 1.45-12), as a checklist for a taxpayer, a prime contractor or a subcontractor, with how they may be kept (each company keeps its own unredacted records, or hands PII-redacted copies to the taxpayer or a vendor; unredacted records go to the IRS on request) and how they feed Form 7220.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| role | No | Whose checklist (default taxpayer: the credit claimant). | |
| requirement | No | Which records (default both). |