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Tax Attorney Information |
It's Tax Time: Make Sure Your Employer Did His Job
DALLAS, March 17 /PRNewswire/ -- Make sure tax time is not a one-way street to the IRS.
In this time of the Internet and the technology revolution, employees can control the flow of their tax information. Payroll on a Budget, a paperless payroll service, offers help to expedite your tax return (http://www.payrollonabudget.com/ ):
* Monitor Payroll Deductions Year-round
Don't wait until your employer decides to mail your Form W-2,
encourage them to offer online payroll information, or track
deductions yourself through pay stubs and using the IRS Withholding
Calculator, a program designed to help employees ensure that they do
not have too much or too little income tax withheld.
http://www.irs.gov/individuals/article/0,,id=96196,00.html
* W-2 from Employer
If you did not receive your W-2 from your employer by Feb. 15, the IRS
will help you obtain the missing forms. Call 1-800-829-1040.
Employers are required to provide you the correct W-2 form by Jan. 31.
* Employer Late with W-2 or Out of Business and You Need to File
If you did not receive the W-2 in sufficient time, you may file using
Form 4852 and a copy of your last pay stub.
* Lost W-2
If you lose your W-2, your employer can provide a new copy with
"REISSUED STATEMENT" on it.
* Social Security Reporting
Copy A of your W-2 should be filed with the Social Security
Administration generally by Feb. 28 or March 31 if the company files
electronically. Request a Social Security statement regularly, it is
a record of your earnings history and an estimate of how much you and
your employer paid in taxes, and should be checked periodically for
errors. http://www.socialsecurity.gov/mystatement/
* Changing Jobs
If you leave your employer before the end of the calendar year, and
request your W-2 at that time, your employer must provide your form
within 30 days of your request.
PayrollonaBudget.com, a new service by Lewisville, Texas-based Custom Payroll, offers low-cost, payroll services for small businesses by offering a paperless payroll. PayrollonaBudget.com provides secure Internet payroll entry solutions that can be entered at anytime, from any location; PayrollonaBudget.com also allows employees to download a copy of their payroll stub and W-2 from the Internet. Payroll's Web site is http://www.payrollonabudget.com/
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