Depositing and Reporting Withheld Taxes

New and Updated

• Type:

  Checklists

  Payroll Practices and Procedures Checklist

  Updated to reflect developments affecting year-end 2023 and 2024 payroll processes.

• Type:

  Legal Timetable

  Maine Lowers Information Return Electronic Filing Threshold

• Type:

  Legal Timetable

  Montana Form W-2 Penalty Amounts Increase

• Type:

  Employment Law Guide

  Depositing and Reporting Withheld Taxes: Montana

  Updated to reflect increased Form W-2 penalties, effective May 22, 2023.

• Type:

  Legal Timetable

  Arkansas Lowers Form W-2 Electronic Filing Threshold

• Type:

  Quick Reference

  Federal Payroll Tax and Information Return Filing Requirements

  Updated to reflect final IRS regulations lowering the electronic filing threshold for information returns.

• Type:

  Employment Law Guide

  Depositing and Reporting Withheld Taxes: Iowa

  Updated to reflect the repeal of the annual reconciliation return filing requirement, and information regarding information return filing penalties, effective March 29, 2023.

• Type:

  Legal Timetable

  Iowa Eliminates Annual Reconciliation Return Filing Requirement

• Type:

  50-State Charts

  Annual Reconciliation Return Forms and Deadlines by State

  Updated to reflect repealed requirement to file annual Form W-3ME, Reconciliation of Maine Income Tax Withheld, effective retroactively for tax periods beginning on or after January 1, 2024.

• Date:

  February 27, 2023

  Type:

  News

  Final IRS Regulations Dramatically Expand Information Return Electronic Filing Requirement

  The IRS issued final regulations that dramatically lower the mandatory threshold for electronic filing of information returns, such as Forms W-2, 1099, 1094 and 1095.