The IRS proposed regulations amending the rules for filing electronically that reduces the threshold for filing W-2s. The Taxpayer First Act proposes wide-sweeping changes in an effort to modernize the IRS and improve the efficiency of the taxpayer experience when filing taxes. This is further evidence of the government’s commitment to e-filing. Electronic filing makes processing returns much easier for the IRS.
W-2/1099/ACA Year-end eFile Deadlines. Federal and State year-end payroll reporting deadline listings. Use these deadline dates to determine when your State and Federal W2, 1099 and ACA 1095 year-end payroll reports are due.
4 Critical Payroll Reporting Filing Updates For 2020! With the impact of Covid-19 on virtually all payroll tax reporting and year-end looming, this is a great time to review some of the most significant changes that have occurred.
Eliminate Paper Entirely for Your W-2 Reporting! Many businesses persist in doing W-2s the same way they have for years. Printing and mailing employee W-2s is costly, time-consuming, and the least secure option for completing W-2 distribution.
Instructions For Reporting Deferred Social Security Tax The IRS has issued instructions for reporting deferred Social Security Taxes for employees using Form W-2 and W-2C.
What Has Changed On The 2020 W-2. How Can Changes In The W-2 Affect Your Company? It’s important to know what changes have been made to the W-2 filing process.