Changes To Form 8922, Third-Party Sick Pay Recap
Form 8922 – What You Need to Know The reporting of third-party sick pay recaps to the Social Security Administration (SSA) ends after tax year 2013....
Third-party sick pay reporting to the Social Security Administration is to end after tax year 2014, said John Tuzynski, chief of employment tax operations at the Internal Revenue Service.
The agency is developing a form that employers can use for filing in 2015, Tuzynski said. Sick pay is usually subject to Social Security, Medicare, and FUTA taxes.
IRS is seeking comments on the change from members of the payroll community.
Form 8922 – What You Need to Know The reporting of third-party sick pay recaps to the Social Security Administration (SSA) ends after tax year 2013....
2015 is getting close and the Employer Shared Responsibility Mandate (“Play or Pay”) under the Affordable Care Act (ACA) is almost here. So what does...