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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Missouri Releases Updated Employer Tax Guide
The Missouri Department of Revenue recently released an updated version of Publication 4282, Employer’s Tax Guide.
Maine Updates Business Notification/EFT Forms and EFT Instructions
Maine Revenue Services has updated some forms and instructions relevant to withholding.
Indiana Updates Departmental Notice #1
Indiana's Department of Revenue recently updated Departmental Notice #1, How to Compute Withholding for State and County Income Tax.
Pennsylvania Updates Withholding Publications
The Pennsylvania Department of Revenue has revised two of its withholding publications.
IRS Revises Publication 1179
The IRS has recently revised Publication 1179, “General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, and Certain Other Information Returns.”
Puerto Rico Releases Forms 499R-2 and 499R-2C for Tax Year 2018
The Puerto Rico Hacienda recently released Forms 499R-2 and 499R-2C for Tax Year 2018.
New Jersey Releases Tax Year 2018 Electronic Specifications for Reporting W-2 Information
The New Jersey Division of Taxation has published the electronic specifications for reporting Tax Year 2018 W-2 information.
Delaware Publishes Deadlines for 2018 Reporting
The Delaware Department of Finance, Division of Revenue, has updated its W-2 and 1099 Form FAQs to reflect the new deadlines for 2018 filings.
New Mexico Updates Tax Withholding Guide
The New Mexico Taxation and Revenue Department has updated FYI-107, “An Individual’s Guide to New Mexico Withholding Tax.”
Kentucky Publishes 2018 Specifications for Electronic Submissions of Forms 1099, W-2
The Kentucky Department of Revenue has published the “2018 Specifications for Electronic Submission of 1099B, 1099DIV, 1099G, 1099INT, 1099K, 1099MISC, 1099OID, 1099R and W2G.”
Puerto Rico Releases 2018 Form 480.7A, Informative Return - Mortgage Interest
The Puerto Rican Treasury has released the 2018 Form 480.7A, Informative Return - Mortgage Interest
Canada Releases Form T4A for Tax Year 2018
The Canada Revenue Agency (CRA) has released Form T4A for Tax Year 2018.
Canada Releases Form NR4 and Instructions for Tax Year 2018
The Canada Revenue Agency recently released the TY 2018 version of Form NR-4, Statement of Amounts Paid or Credited to Non-Residents of Canada.
Kentucky releases Form 42A806-CD, Transmitter Report for CD Submission of Electronic Files in EFW2 or Pub 1220 Format
The Kentucky Department of Revenue has released Form 42A806-CD, Transmitter Report for CD Submission of Electronic Files in EFW2 or Pub 1220 Format.
IRS Updates Form 5165 for PY 2019
The IRS has updated Form 5165, “Guide for Electronically Filing Affordable Care Act (ACA) Information Returns for Software Developers and Transmitters"
West Virginia Publishes Instructions for Electronic Filing and Payment and Waiver Request Form
The West Virginia State Tax Department has added a new publication, “Requests for Waiver of Electronic Filing and Payment Requirements.”
West Virginia Updates Electronic Filing and Payment Waiver Request Form
The West Virginia State Tax Department has updated Form WV-EFT-WR, the Electronic Filing and Payment Waiver Request.
South Carolina Updates Interest Rate for Remainder of 2018
The South Carolina Department of Revenue recently released SC Information Letter #18-11
IRS Releases Updated Publication 1586
The IRS recently released an updated version of Publication 1586, Reasonable Cause Regulations & Requirements for Missing and Incorrect Name/TINs.
Colorado Updates Address Change or Business Closure Form