As mandated by the Internal Revenue Service, all employers that pay at least $600 in cash or non-cash wages to employees during a year, and that withheld or would have withheld income and FICA taxes from employees' pay, must file Form W-2, Wage and Tax Statement, with the Social Security Administration on an annual basis.
As mandated by the New York State Department of Taxation and Finance, covered employers must submit the Quarterly Combined Withholding, Wage Reporting and Unemployment Insurance Return Form - Attachment, NYS-45-ATT.
In-depth review of the spectrum of District of Columbia employment law requirements HR must follow with respect to depositing and reporting withheld taxes.
HR and legal considerations for employers regarding depositing and reporting of withheld payroll taxes. Support on following laws and regulations regarding this topic.
Depositing and Reporting Withheld Taxes: Key items