W-2s

Box 1 W-2 earnings required to EEO-1 Report? The latest

Workforce snapshot now in fourth quarter   Sure, you don’t have to start working on the EEO-1 Report right now – because the deadline has been bumped back – but that, and other recent changes to the report, aren’t necessarily good news.   Typically, the EEO-1 is due by September 30 each year. So you [...]

November 7th, 2017|EEO-1 Regs, W-2s, W2 Requirements|

IRS Makes changes to W-2s: What Payroll must know

Regulatory action allows for truncated SSNs   A significant change is coming to W-2s that’ll impact how you prepare forms for employees.   The IRS just issued a proposed rule that allows for the use of truncated Social Security Numbers (SSN) on employees’ copies of Forms W-2s.   Currently, you can use truncated taxpayer identification [...]

November 1st, 2017|W-2s, W2 Requirements|

Big changes coming to boost info security when filing IRS returns

  Preventing identity theft with new data safeguards   Cybersecurity and identity theft are key concerns of the IRS, as evidenced by the latest edition of the Electronic Tax Administration Advisory Committee’s (ETAAC) annual report to Congress.   This year, as part of its identity theft prevention strategy, ETAAC announced several new security initiatives that’ll [...]

September 20th, 2017|Hacking, Identity Theft, W-2s, W2 Requirements|