Question
2.W-2's must be mailed to employees by January 31 each year. The employer must submit W-2 information to the government no later than February 28
2.W-2's must be mailed to employees by January 31 each year. The employer must submit W-2 information to the government no later than February 28 each year. What are some the challenges doing this?
3.If you work for a company and have the ability to sign checks, you may have a liability for unpaid payroll taxes. How comfortable are you with this responsibility?
4.If you work for a company that is not properly submitting payroll taxes, this usually creates a legal and financial liability for the company but you can still claim full credit for withholding on your tax return. What do you think of this as a concern for small business owners and officers?
5.At some point, you've probably have filled out a W-4, where you declare the amount of allowances you wish to claim related to your Federal Tax withholding obligation. What are the financial consequences you need to think about as you complete the W-4?
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