The IRS has provided an article on important information you need to attain and keep secure when hiring employees.
The employee's name and Social Security Number must be documented on their W-2 Form, and they should provide their Social Security Card for proof. Do not accept an ITIN in place of a social security number because an ITIN is only for employees not eligible to work in the United States and need to provide identification for tax reasons. An ITIN can be identified as a 9-digit number, beginning with the number 9. Social Security numbers have not reached beginning with the number 9 yet.
Read more here
Thursday, March 29, 2012
Monday, March 19, 2012
ACTION REQUIRED: IRS FORM 8821
March 19, 2012
Dear Clients,
The Internal Revenue Service requires employers to fill out and send an updated 8821 form every three years. The 8821 form authorizes a staff member from NPD Payroll to receive, inspect, and/or communicate your company’s payroll tax information with the IRS on your behalf. 2012 starts a new three year period, and as a result NPD Payroll needs to resubmit updated 8821 forms to the IRS. Please see the attached 8821 form for your company.
*** Kindly have an owner or authorized individual sign, date, and title the form where indicated.***
Please email, fax, or mail the completed form to your payroll processor at your earliest convenience.
If you have any questions, please do not hesitate to call our office at 860-284-0152.
Thank you,
Malini, Nicolle, Lisa and Katie
Phone: (860) 284-0152
Fax: (860) 677-4748
Email: info@npdpay.com
Thursday, March 15, 2012
Americans will be Spending more "Green" this St. Patrick's Day
This year, St. Patrick's Day falls on a Saturday, which means more Americans will be celebrating as opposed to if it were on a weekday. This is great news for bars and retailers who will be bringing in more revenue as people buy "Irish" merchandise and beverages. While you will have more freedom to have fun without worrying about going to work the next day, you need to keep an eye on how much your "fun" is costing you. There are ways to save money, and still have a good time this Saturday. One way is to make your own t-shirt! Retailers are selling thousands of "Irish", drinking, and shamrock shirts for around $30. Instead, make your own shirt for as low as $10! Throw a party at your house and avoid being overcharged at bars. There are some big St. Patrick's Day parades as well this weekend, which are free of charge and major events. New York City's parade is Saturday and South Boston's is Sunday. Both are spectacular events and won't cost you a dime to see! Your goal this weekend can be to wear more green than spend green.
Thursday, March 8, 2012
Poor Huskies :(
We were sad to see the UConn Huskies lose to the Syracuse Orangemen today in the Big East Tournament. The score was close the entire game, but in the end, Syracuse came out on top. Better luck in the NCAA Tournament Huskies! We love March Madness here at NPD Payroll!
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