Internal Revenue Service Home Page
Link to the FBAR form - DUE DATE June 30th
Special
Payroll Tax Exemption Form Now Available - See below link for the actual
form
The IRS has
released a new form that will help employers claim the special payroll
tax exemption that applies to newly-hired workers during 2010, created
by the Hiring Incentives to Restore Employment (HIRE) Act signed
by President Obama on March 18.
New Form W-11,
Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit,
is available on the IRS
website.
The IRS has also
posted frequently-asked questions about the payroll tax exemption and
the related new hire retention credit. The FAQs are available on
the IRS
website.
The new law
requires that employers get a statement from each eligible new hire,
certifying under penalties of perjury, that he or she was unemployed
during the 60 days before beginning work or, alternatively, worked fewer
than a total of 40 hours for anyone during the 60-day period. Employers
can use Form W-11 to meet this requirement.
