Hawaii Legislature Passes Senate Bill 1007, Mandates Quarterly Filing Frequency for All Filers

August 23, 2017 Adam Rivera

The Hawaii Legislature has passed Senate Bill 1007. This bill changes the filing frequency for withholding tax to a uniform quarterly filing frequency. Prior to this bill, only employers with withholding liabilities of $5,000 or less were allowed to file returns quarterly. Despite the change in filing frequency, the payment frequency of withholding taxes remains unchanged for any taxpayers. The bill takes effect January 1, 2018.

About the Author

Adam Rivera is a member of the Regulatory Analysis Team's Direct Tax division at Sovos. His main areas of focus are Federal and State Tax Withholding and Affordable Care Act (ACA) Reporting. Prior to Sovos, Adam worked as a legislative aide in the Florida House of Representatives. He also has experience in securities law, focusing on securities litigation and researching emerging crowdfunding methods of raising capital. Adam is a member of both the Massachusetts and Florida Bars. He earned his B.A. from the University of Florida and his J.D. from the University of Miami.

More Content by Adam Rivera
Previous Article
California Releases Updated DE 532, Direction for ACH Payments

California’s Employment Development Department has revised its publication DE 532, providing more detailed ...

Next Article
Washington D.C. Updates Annual Withholding Instructions

The D.C Office of Tax & Revenue (OTR) recently published two updates to instructions for the Employer/Payer...


Regulatory Analysis News - Delivered Weekly

Thank you for subscribing!
Error - something went wrong!