The IRS released final regulations on February 21, 2023, which will affect virtually all employers who file employment tax information forms such as Forms 1099-series, Forms W-2, and Affordable Care Act Forms 1094-B/C and 1095-B/C, among others. These final regulations are part of the Taxpayer First Act (TFA) enacted on July 1, 2019, which generally reduced the number of returns that can be filed in paper form. The final regulations adopt the electronic-filing threshold of 10 for information r…
Tag: W-2
Form 941 Changes And Other Important First Quarter Payroll News
There are a few minor changes to Q1 Form 941 for 2023 and other news in payroll for 2023.
What You Need To Know About W-2 C’s
A W-2c form is an IRS tax document used to correct or amend a W-2. It is also called a Corrected Wage and Tax Statements Form. A W-2 needs to be amended with a W-2c when an error is made when reporting employee income. Typical errors found on W-2s include incorrect names, amounts, or Social Security numbers. A W-2c can be used to correct forms that were given to employees and were filed with the Social Security Administration.
2022 Year-End Payroll Reporting Deadline Dates
Year-end is here and to guarantee timely filing and avoid fines and penalties associated with late filings, it is critical to know the deadline for each year-end report you are required to file. The following deadlines are the dates your files must be received by Aatrix to guarantee on-time filing to each State or Federal agency involved.
2023 Fines and Penalties For Failing To Meet W-2 Filing Deadlines
Filing W-2s on time is critical if businesses want to avoid severe fines and penalties for late filing. There are penalties in place for businesses that do not file on time and accurately.
Year-End Payroll Reporting Is Just Around The Corner!
Year-end is approaching at light speed and will be here before you know it. There are a few things to keep in mind to make year-end payroll reporting go smoothly and accurately.
What Forms Are Required When Hiring A New Employee: New Hire Checklist
Employers have reporting requirements when adding a new employee to their staff. In addition, there are a number of optional authorization, verification, and internal forms to be completed that can impact payroll administration.
How To Access Corrections For W-2/1099/1095
With year-end filing wrapping up, many businesses will face corrections to W-2s, 1099s, and 1095s already filed. The Aatrix knowledgebase provides the opportunity to search our articles for some of the most common questions, answers, and troubleshooting methods. Here are step-by-step instructions on filing your corrections.
2021 Year-End Payroll Reporting Deadline Dates
Aatrix W-2/1099 Year-End eFile Deadlines Year-end is here and to guarantee timely filing and avoid fines and penalties associated with late filings, it is critical to know the deadline for each year-end report you are required to file. The following deadlines are the dates your files must be received by Aatrix to guarantee on-time filing to each State or Federal agency involved.
Do You Have Multiple EINs? Batch eFiling Is Available For Large Volume EIN Filers.
Our Batch eFile option ($99.00/annually) is incredibly helpful if you are responsible for eFiling multiple Federal EINs and especially if those EINs contain small numbers of employees.
