Employers Must Follow New Wage Reporting Requirements

Posted to Applied Web NY on Thu, 03/21/2019 - 15:14

New process expected to ease filing and reduce errors beginning with returns due April 30

The New York State Department of Taxation and Finance is alerting employers to a new wage reporting requirement that is expected to simplify their quarterly filing process beginning with returns due on April 30.

Under changes enacted in the 2018–2019 budget effective for calendar quarters beginning on or after January 1, 2019, employers will now report all their employees’ wage and withholding information each calendar quarter. Previously, they reported this information annually on the fourth quarter return.

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