[OSSSA218] Fwd: [Payrolltax-News] Payrolltax News LISTSERV Oct, 2010

Tue Oct 12 12:33:03 PDT 2010

FYI

>>> TAVARES Cathleen M <cathleen.m.tavares at dor.state.or.us> 10/12/2010
10:41 AM >>>

Payrolltax News LISTSERV
October 2010

Welcome all new subscribers! Please share this information with anyone
who would benefit from it.  

New Information:

1.    IRS Changes:  IRS has announced it will no longer be mailing
Publication 393,Federal Employment Tax Forms,to employers due to the
continued growth in electronic filing, and to help reduce costs.  They
also will no longer be sending out payment coupons, instead urging
taxpayers to use EFTPS (Electronic Federal Tax Payment System).

The Oregon Tax Coupons (Form OTC) will be mailed in mid December.
However, Oregon is following the federal treatment of electronic
payments. If you are required to use EFTPS for federal purposes, you
must use EFT for Oregon purposes. For more information on EFT, refer to
our website at http://www.oregon.gov/DOR/BUS/index.shtml under
“Electronic Funds Transfer”.        

Paper forms and booklets will still be provided by the Oregon
Department of Revenue for reporting payroll withholding taxes:

·         Oregon Domestic (Form OA) returns will be mailed in November
2010.
·         Oregon Agricultural (Form WA) returns will also be mailed in
November 2010.  
·         Combined Payroll Tax Booklet and forms will be mailed in mid
February 2011.

Additional forms can be ordered or downloaded from the Employment
website at www.oregon.gov/EMPLOY/TAX . Look under the section “Reporting
Methods” for “Forms”
 WBF (Workers Benefit Fund) Tax rate:

The WBF tax rate for 2011 will not change. The assessment rate will
continue to be 0.028. 

(Note: Additional 2011 tax rateinformation will be provided in a future
newsletter.)    

Reminders:  
 Contact Information:

This is the time of the year when important tax information is about to
be mailed; therefore, it is very important that your contact information
is current. If you have either relocated or changed your telephone,
e-mail, or other contact information, be sure to submit the “Change in
Status” form located at
http://www.oregon.gov/DOR/BUS/forms-payroll.shtml to update your
account.

This ensures that you will receive important informationsuch as law
changes, new tax rates and tax forms. 
 Payroll Reports (Form OQ)- No Payroll to Report: 

You are required to file form OQ for all quarters while your payroll
withholding account is active, even if you have no payroll to report.
The easiest way to file is to submit a “no payroll/no hours worked”
report vial the Interactive Voice Response System (IVR).  Simply call
503 378-3981 and follow all the prompts. Remember, this can only
be used for “no payroll/no withholding” returns.

If you will not have Oregon payroll for an indefinite period of time,
you can request to put your account on “inactive status”. While inactive
you would not be required to submit quarterly tax reports until you
again hire employees. Complete the “Change in Status” form indicating
the current date of your last payroll and send it in. When you again
have employees, simply contact us at 503 945-8091 opt 2 and request to
re-open your account.   

  ***Upcoming Classes:

 Where:  Lane Community College Small Business Development Center. 
               1445 Willamette St.
               Eugene OR. 97405
  Payroll Tax Basics, 3-4:30 pm, Thursday Oct 21, WILD 117
Learn the basics on correctly reporting and paying state payroll
withholding taxes

Classifying a Worker as an Employee or Independent Contractor, 3-5 pm,

Thursday Oct 28, WILD 117
 Learn the difference between the federal and state guidelines on what
constitutes an employee versus an independent contractor, and the issues
and legal ramifications that arise when employees are not correctly
classified.
  LLC's and S-Corps, 3-4:30 pm, Thursday Nov 4, WILD 117
Learn more about these particular entities as this workshop will cover
how these are taxed and some of the common misconceptions.

 ***Classes will be held depending on enrollment.
For more information and to register for classes, please call 541
463-5255. 

(Note: Additional outreach and educational opportunities will be
provided in the next LISTSERV.)

The Payrolltax-News e-mail list provides employers with complete and
up-to-date payroll tax information. Employers can self-subscribe here (
http://listsmart.osl.state.or.us/mailman/listinfo/payrolltax-news ).
Representatives in the Business Division will send information to
employers through this list. Employers can request additional
information by e-mailing payroll.help.dor at state.or.us.

As a standard practice, e-mail sent from the department will be in text
form only. Department of Revenue will not open attachments.

Questions about list content and subscription problems should be
directed to the list owner:  
Cathy Tavares
Oregon Dept of Revenue
Cathleen.M.Tavares at state.or.us 
503-945-8762 ( mailto:Cathleen.M.Tavares at state.or.us )

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://omls.oregon.gov/pipermail/osssa218/attachments/20101012/18a87d34/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: Part.002
Type: application/octet-stream
Size: 417 bytes
Desc: not available
URL: <https://omls.oregon.gov/pipermail/osssa218/attachments/20101012/18a87d34/attachment.obj>