The New Mexico Taxation and Revenue Department has updated the penalty and interest rate for Quarter 2 of 2018. The rate will be 5% annually, from April 1, 2018, to June 30, 2018. This is an increase from 4 percent in the previous quarter. To view the interest rate, as well as past rates, please follow the link.
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IRS Updates 2018 General Instructions for Certain Information Returns
The IRS has released a draft for an updated 2018 General Instructions for Certain Information Returns.
IRS Releases 2018 Draft of Form 1099-R
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California Revises 2018 Employer’s Guide
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The South Carolina Department of Revenue has released a revised version of its ACH Credit Instructions and Guidelines.
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Kentucky Publishes New Version of K-1 Income Tax Withheld Worksheet for Electronic Funds Transfer
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SSA Releases 2018 W-2C Specifications
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IRS Releases 2018 W-2 Specifications
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Utah Publishes Updated Withholding Tax Guide
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