What records are needed for the audit?

You will typically need to provide the following:

1. 1. Payroll Summary: Listing all employees by name, duties, gross wages, and gross overtime paid to each employee.
   2. Federal 941/State Quarterly Returns: Corresponding to your policy period.
   3. Subcontractor Labor: By name, amount paid, and job duties.
   4. Certificates of Insurance (COIs): For all subcontractors used (if any).
   5. Profit & Loss Statement: Specific to the policy period or prior year Schedule C.