Guam New Company Benefit Notice

State:
Multi-State
Control #:
US-360EM
Format:
Word; 
Rich Text
Instant download

Description

This memo serves as a notice to all company personnel that a new benefit is available to company employees.

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FAQ

Who Must File Form 941-SS? Generally, you must file a return for the first quarter in which you pay wages subject to social security and Medicare taxes, and for each quarter thereafter until you file a final return.

More In Forms and Instructions Employers use Form 941 to: Report income taxes, Social Security tax, or Medicare tax withheld from employee's paychecks. Pay the employer's portion of Social Security or Medicare tax.

How to fill out Form W-2Box A: Employee's Social Security number.Box B: Employer Identification Number (EIN)Box C: Employer's name, address, and ZIP code.Box D:Boxes E and F: Employee's name, address, and ZIP code.Box 1: Wages, tips, other compensation.Box 2: Federal income tax withheld.Box 3: Social Security wages.More items...?

Who Must File Form 941-SS? Generally, you must file a return for the first quarter in which you pay wages subject to social security and Medicare taxes, and for each quarter thereafter until you file a final return.

How to fill out Form W-2Box A: Employee's Social Security number.Box B: Employer Identification Number (EIN)Box C: Employer's name, address, and ZIP code.Box D:Boxes E and F: Employee's name, address, and ZIP code.Box 1: Wages, tips, other compensation.Box 2: Federal income tax withheld.Box 3: Social Security wages.More items...?

Subtitle C, Employment Taxes, of the Internal Revenue Code imposes employment taxes on wages and provides for income tax withholding. Form 941-SS is used to determine the amount of the taxes that you owe. Section 6011 requires you to provide the requested information if the tax is applicable to you.

Form W-2 is completed by an employer and contains important information that you need to complete your tax return. It reports your total wages for the year and the amount of federal, state, and other taxes withheld from your paycheck.

Your GRT Account Number is part of a sequence of numbers printed next to ACCOUNT NO at the top of your Business License. The GRT account number can be a minimum of 1 digit and a maximum of 9 digits long.

To complete the W-2 form for each of your employees, you will have to fill out: The employee's Social Security number. Your employer identification number (EIN). Your name, address and ZIP code.

You can create fill-in versions of Forms W-2 and W-3 for filing with SSA. You may also print out copies for filing with state or local governments, distribution to your employees, and for your records.

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Guam New Company Benefit Notice