Just a reminder to all employers and other businesses. This Friday, January 31, 2020, is the deadline for submitting wage statements and forms for independent contractors with the government. Employers also need to file their copies of Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by said deadline. The deadline also applies to certain Forms 1099-MISC, Miscellaneous Income, filed with the IRS to report non-employee compensation to independent contractors. If an employee does not receive their W-2 by the end of February, as a first step, they should contact their employer.
Contact Wilson Tax Law Group if you require assistance or have questions regarding your legal filing requirements at 949.397-2292.
The Newport Beach Tax Attorney blog is dedicated to tax issues serving Orange County and Southern California. Posts cover recent news and tax cases including audits, tax litigation, IRS, and cryptocurrency tax issues. For more on the Orange County Tax Attorney Joseph P. Wilson, visit https://www.wilsontaxlaw.com or 949.397.2292
Subscribe to:
Post Comments (Atom)
Qualified Opportunity Zone and Deferred Capital Gains
Congress created the Tax Cuts and Jobs Act (P.L. 115-97) in 2017 to give investors who made investments in economically challenged areas fe...
-
Just like the IRS, the California Franchise Tax Board (FTB) also has a program to allow one spouse to be relieved of existing joint liabilit...
-
Just like the IRS, the California Franchise Tax Board (FTB) also has a program to allow one spouse to be relieved of existing joint liabilit...
-
The IRS extended almost all tax filing and payment due dates for Los Angeles County residents to October 15, 2025, due to the devasting wil...