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New guidelines for electronic W-4s you probably missed

BMT Office Administration

Without any fanfare at all, the IRS included new guidelines for electronic W-4s in the 2022 edition of Pub. The general guidelines for electronic W-4s have been around for a long time. Employers asked how long they have to implement the new guidelines. The IRS has responded with an emphatic “You can’t do that!”. The timeline.

Forms 52
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. If you are paying someone through your normal employee payroll process with income tax withholdings, you typically need to send them a W-2. Booth copies must be sent out by January 31. Control number.

Payroll 52