The Social Security Administration will begin sending mismatch letters in spring 2019 to employers who submit W-2 Forms with name and Social Security Number combinations that do not match the SSA records.
Signing up for a personal account with the IRS and SSA gives you access to important personal information--and more importantly protects your information from identity theft.
A new law makes it easier for employers to provide electronic delivery of T4 slips. However, there are some stipulations that employers must keep in mind.
The Earned Income Tax Credit is a Federal program that provides benefits for some low to moderate income workers. The IRS, eight states and one locality have adopted requirements that employers notify all or some of their employees working in those states of the EITC program and their potential edibility to receive benefits.
The Tax Cuts and Jobs Act made significant changes to the tax laws, which may cause taxpayers to have too much or too little withheld from their paychecks. Employers should encourage their employees to use the new IRS withholding calculator to confirm their withholding.