2011 W-4

Have you updated your employee applications for new hires?  The new 2011 W-4 has been released by the IRS.  Once the employee completes the W-4 upon hire, the only other time this form would be applicable is if the employee would like to make changes to their withholding election.  When the employees are having their taxes prepared is a great …

Claiming “Exempt” on your Form W-4

An exempt status is good for only one year. If you have filed “exempt” on your 2008 W-4, you are required by the Internal Revenue Service to complete a new W-4 for 2009. You must give your employer a new Form W-4 by February 15th to continue your exemption. If by February 15th your employer has not received a new Form W-4, the filing status will be …

2008 W-4 Form

IRS releases the new 2008 W-4 form The IRS has released the 2008 version of the W-4 form.  The W-4 form should be filled out by all newly hired employees in 2008 and any current employees wanting to make changes to their withholding allowances or marital status. For a copy of the new form go to http://www.irs.gov/pub/irs-pdf/fw4.pdf.

The W-4 Form

W-4 is one of the most common forms Americans fill out. Here are a few things to remember when completing a W-4. A W-4 is an IRS form that determines the federal tax that will be withheld from an employee’s paycheck. Filling out a W-4 is one of the first forms an employee will complete when hired.  When filling out …