4025 Automation Way #D1 (Map)
Fort Collins, CO 80525
Phone: 970-226-4686
As the new year begins I thought it might be helpful to keep the following procedures in mind when preparing your W2s and W3. Form W-3 is the total of all Forms W-2. The sum of line 2 for the four quarters on Form 941 should balance to the amount appearing in Box 1 of […]
View Post Payroll Taxes, W2One of the most prominent features of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 is the one-year “payroll tax holiday” for 2011—a two-percentage-point reduction in payroll tax for employees. According to an IRS news release, this reduction will cause the take-home pay of millions of workers to increase in 2011.However, […]
View Post W2, Wage WithholdingEmployers have until January 31 to send employees their 2010 W-2 wage earning statement, but what do you do if you still haven’t gotten yours? The IRS has 4 steps they would like you to take. 1. Contact the employer to inquire if and when the W-2 was mailed. After making contact, allow a reasonable […]
View Post W2