|
|
 |
|
 |
HRdirect’s top picks |
| Attendance tracking |
|
Employee folders |
|
Employee motivation |
|
Hiring forms |
|
|
|
|
|
|
|
|
 |
|
|
HR news
IRS Issues Final Regulations for the Employer's Annual Federal Tax Return Program
The Internal Revenue Service (IRS) recently issued final regulations on the Form 944 Program, which allows qualified employers to file employment tax returns annually rather than quarterly. In general, the regulations track the temporary regulations issued in 2006 and revised in 2008. Some of the language, however, was updated to reflect current law and practice. In addition, the final regulations will help guide employers on the look-back periods and deposit requirements for Form 944.
The IRS introduced the Form 944 Program in 2006 after discovering that many small employers were filing their Forms 941, Employer's Quarterly Federal Tax Returns, with little or no employment taxes due.
Qualified employers must have an estimated annual employment tax liability (comprised of Social Security, Medicare and withheld federal income taxes) of $1,000 or less for the entire calendar year. Upon proper request, the IRS will notify employers in writing that they qualify for the program. The agency also notifies employers when they no longer qualify for the program and must file Forms 941 instead.
For more information on Form 944, visit the IRS website.
|
|
About us |
HRdirect is a leading source of human resource materials and simplified solutions that help you manage the many compliance and regulatory requirements that come with running a business.
From employee recordkeeping and workplace safety issues to FMLA compliance and labor law posters, HRdirect offers a complete selection of practical, legally sound, easy-to-use solutions and critical human resource materials for today’s top workplace issues.
- Let us show you how to track employee attendance or manage vacation requests simply and accurately with one of our powerful HR software suites. Get the tools, human resource forms, and HR supplies you need for tracking and reducing absenteeism, producing quick and easy attendance reports and tracking attendance trends.
- We can help you keep up with the ever-changing world of human resource forms, including the most recent changes in federal or state-mandated report and employee recordkeeping forms. We have the forms you need to fulfill the legal requirements for FMLA compliance, OSHA compliance, employee privacy and other essential labor laws. Choose preprinted, customized, printable human resource forms from our selection of 100% compliant HR forms from job applications to incident reports. Or create and print your own employee attendance tracking forms, employee evaluation forms and other essential paperwork with business forms software that even keeps you up to date on mandatory changes.
- Make employee recordkeeping easier and safer with the right kinds of personnel folders for every aspect of your business. Choose employee medical information folders, divided employee records folders or folders that let you record and access frequently needed employee information without opening the folder.
- Safety in the workplace is important, too. Whether a fall-prevention safety poster, forklift training video or OSHA employee first aid policy, our safety solutions help you satisfy OSHA safety standards and protect your employees from injuries and illnesses.
- And, our labor law posters ensure you fulfill all federal and state labor law posting requirements, including the federal minimum wage poster and specific postings pertaining to FMLA and OSHA compliance.
|
|
|
|
|