When should this form be used?
Only employees who meet all the requirements of a qualified employee
may complete this affidavit or similar statement. You cannot claim the HIRE Act benefits, including the payroll tax exemption or the new hire retention credit, unless the employee completes and signs this affidavit or similar statement under penalties of perjury and is otherwise a qualified employee.

Form W-11, Hiring Incentives to Restore Employment (HIRE) Act

Form 941, Employer’s Quarterly Federal Tax Return.

Related Calendar Entry:

• For: Businesses
• Date: Monday, August 2nd 2010
• Affects: All employers
• Notes: Second quarter payroll taxes due.
• Add to Google Calendar | Download iCal

• For: Businesses
• Date: Monday, November 1st 2010
• Affects: All employers
• Notes: Third quarter payroll taxes due.
• Add to Google Calendar | Download iCal

• For: Businesses
• Date: Monday, January 31st 2011
• Affects: All employers
• Notes: Fourth quarter payroll taxes due.
• Add to Google Calendar | Download iCal

• For: Businesses
• Date: Saturday, April 30th 2011
• Affects: All employers
• Notes: First quarter payroll taxes due.
• Add to Google Calendar | Download iCal

• For: Businesses
• Date: Sunday, July 31st 2011
• Affects: All employers
• Notes: Second quarter payroll taxes due.
• Add to Google Calendar | Download iCal

• For: Businesses
• Date: Monday, October 31st 2011
• Affects: All employers
• Notes: Third quarter payroll taxes due.
• Add to Google Calendar | Download iCal

• For: Businesses
• Date: Tuesday, January 31st 2012
• Affects: All employers
• Notes: Fourth quarter payroll taxes due.
• Add to Google Calendar | Download iCal

We try very hard to keep our clients informed of tax news, laws, and upcoming deadlines so please become a fan so we can provide you with yet another way of keeping in touch.

Trager, Kevy & Trager, LLP | Promote Your Page Too

Employers who hire unemployed workers after February 3, 2010 and before January 1, 2011 may qualify for a 6.2% payroll tax incentive. This in effect exempts them from their share of Social Security taxes on wages paid to these workers after March 18, 2010. This reduced tax withholding will have no effect on the employee’s future Social Security benefits, and employers would still need to withhold the employee’s 6.2% share of Social Security taxes, as well as income taxes. The employer and employee’s shares of Medicare taxes still apply to these wages.

In addition, for each worker retained for at least a year, businesses may claim an additional general business tax credit, up to $1,000 per worker, when they file their 2011 income tax returns.

These benefits are especially helpful to employers who are adding positions to their payrolls. Although, new hires filling existing positions also qualify, but only if the workers they are replacing left voluntarily or for cause. Family members and other relatives do not qualify.

The new law requires that the employer get a statement from each eligible new hire certifying that he or she was unemployed during the 60 days before beginning work or, alternatively, worked fewer than a total of 40 hours for someone else during the 60-day period. The IRS is currently developing a form employees can use to make the required statement.

This benefit does not apply to household employers.

For more information visit the IRS webite – HIRE Act: Questions and Answers for Employers.

Updated 6/24/2010 -
The IRS has released the form for reporting employees eligible under the new HIRE Act. Form W-11 needs to be completed by the employee and retained in your files. In addition, Form 941 has been revised for reporting eligible employees.

To allow someone to act on your behalf in matters you specify.

When should this form be used?

Use Form POA‑1-IND as evidence that the individual(s) named as representative(s) has the authority to obligate, bind, or appear on your behalf for the tax matters administered by the New York State (NYS) Tax Department, the New York City (NYC) Department of Finance, or both.

Form POA-1-IND, Power of Attorney for Individuals

Rev. (9/09)

To allow someone to act on your behalf in matters you specify.

When should this form be used?

Use Form POA-1, Power of Attorney, as evidence that the individual(s) named as representative(s) has the authority to obligate, bind, or appear on behalf of a business or other entity.

Form POA-1, Power of Attorney for Businesses

Rev. (9/09)

Employers who are subject to both unemployment insurance contributions and withholding tax must file Form NYS-45, completing Parts A, B, and C each quarter. Employers subject only to unemployment insurance contributions must complete Part A and Part C, columns a, b, and c. Employers subject only to withholding tax must complete Part B for each quarter and Part C, columns a, b, d, and e, on the final quarterly return filed for the calendar year.

When should this form be used?

Employers who are subject to both unemployment insurance contributions and withholding tax must file Form NYS-45

Form NYS-45-ATT-MN, Quarterly Combined Withholding, Wage Reporting, And Unemployment Insurance Return – Attachment

Rev. (7/06)

Employers who are subject to both unemployment insurance contributions and withholding tax must file Form NYS-45, completing Parts A, B, and C each quarter. Employers subject only to unemployment insurance contributions must complete Part A and Part C, columns a, b, and c. Employers subject only to withholding tax must complete Part B for each quarter and Part C, columns a, b, d, and e, on the final quarterly return filed for the calendar year.

When should this form be used?

Employers who are subject to both unemployment insurance contributions and withholding tax must file Form NYS-45

Form NYS-45-MN, Quarterly Combined Withholding, Wage Reporting, And Unemployment Insurance Return

Rev. (7/06)

Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay.

When should this form be used?

Consider completing a new Form W-4 each year and when your personal or financial situation changes.

Form W-4, Employee’s Withholding Allowance Certificate

OMB No. 1545-0074

Use Form SS-4 to apply for an employer identification number (EIN). An EIN is a nine-digit number (for example, 12-3456789) assigned to sole proprietors, corporations, partnerships, estates, trusts, and other entities for tax filing and reporting purposes. The information you provide on this form will establish your business tax account.

When should this form be used?

File Form SS-4 if the applicant entity does not already have an EIN but is required to show an EIN on any return, statement,
or other document.

Form SS-4, Application for Employer Identification Number
or
File Online

OMB No. 1545-0003; Rev. January 2010