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Payroll news you can use

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in Office Management,Payroll Management

Here are digests of some recently released official announcements from various federal government agencies.

1. Final and temporary regs on return due dates. Final and temporary regulations confirm the Jan. 31 deadline for filing W-2s with the Social Security Administration and 1099-MISC forms that report nonemployee compensation in Box 7 with the IRS.

The regs also confirm the new filing dates for partnership and corporate returns, including the six-month extension for calendar-year C corporations.

For all returns, the regs apply to tax years beginning after Dec. 31, 2015. (82 F.R. 33441, 7-20-17)

2. New email option for EFTPS. The IRS will email notifications to you when your third-party payroll provider accesses the Electronic Federal Tax Payment System to deposit your payroll taxes. As a security measure, emails from the IRS will not contain web links. See www.eftps.gov/eftps/ for more information.

GONE PHISHING: Emails with web links will most likely be phishing attempts. You should report suspicious emails to the IRS at phishing@IRS.gov.

3. New address for back pay forms. The address for reporting back pay and special wage payments to the SSA has changed to: Social Security Administration; Attn: DTPS Back Pay Staff; 03-A-10; 6100 Wabash Ave.; Baltimore, MD 21215.

The new address will be included in the next revision of Pub. 957.

4. New fax number for Form 8655. Payroll agents should fax Form 8655, Reporting Agent Authorization, to: (855) 214-7523.

Tip: Instead of using a fax machine, consider faxing from your computer. Faxing from a computer generally improves legibility, which makes it easier for the IRS to process.

5. MyRA program winding down. The Treasury Department has announced that it is winding down the myRA program. This voluntary program allowed employees to set up after-tax Roth IRAs, with their employers withholding their contributions.

Participants are being notified of these changes, including information on moving their myRA savings to another provider. Encourage your employees to visit www.myRA.gov for additional information or to call myRA customer support with any questions.


A step-by-step payroll compliance guide to each pay period, month and calendar quarter of the year is now available. Download it free here.

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