Latest news for an employer to stay on top of issuing W-2 to employees. Find how to guides, deadlines, spreadsheets, and everything in-between for your tax year.
It is important that you know what information you need before you begin preparing Form W-2. We’ve compiled the following 4 key topics in our Form W-2 Guide that may help you to correctly and timely complete your filing. What’s new for Form W-2? Maximum penalties have increased for tax year 2022. For those affected … Read more
The IRS Form W2 deadline is just around the corner. It’s important for employers to know what information is required before they begin preparing to efile W2 forms. BSO Changes The Social Security Administration (SSA) has recently made some big changes to the Business Services Online (BSO) portal. The BSO portal allows organizations, businesses, individuals, … Read more
We’ve created Excel import spreadsheet templates to help you easily upload all of your 1095-B and 1095-C, 1099, and W-2 data. These templates are identical to the official IRS forms so that you can enter the information just as you would on paper. General Import Spreadsheet Guidelines For more in-depth or specific validation errors, you can … Read more
During every tax year, the same question arises, “Is this person an employee or a contractor?” The Employee Vs Contractor classification is a critical part of filing and must be correct when it’s time to file and distribute forms to recipients. Incorrect forms can lead to the business being liable for employment taxes for that … Read more
In addition to submitting your W-2 reporting to the Social Security Administration (SSA), you need to be aware of your state W-2 reporting requirements. What is Form W-2? Form W-2, Wage and Tax Statement, is used by employers to report employees’ annual earnings, federal, and state taxes withheld at the end of each calendar year. … Read more