[Revenews] iWire LIVE

[TAVARES Cathleen M]

Payrolltax News

August 2009

 

Welcome to new subscribers!  Please provide this information to anyone
who may benefit from it.

 

 

New and Important Information:

 

I. iWire LIVE:



The iWire system is now open for the electronic filing of W2s with
Oregon. The link to the submission page is located on our website at
http://www.oregon.gov/sites/DOR/PERTAX/iwire_info.page 

 

Once you click on this link, you will see links to "file
specifications", "FAQ" page, and the submission form. Submitting the
file is very easy. Simply complete the fields on the submission form
which is mainly the submitter's contact information, then browse your
computer and upload your .txt or .zip file. 

 

If you want to do a test before submitting the actual file, check the
box that says, "yes" this is a test file. If you are not submitting a
test file, leave the box checked "no."  You then receive confirmation
that we received the file and a list of any errors associated with that
file. 

 

If you have any questions about the process, please contact the iWire
team by email at iWire.DOR at state.or.us or call us at 503-945-8091 and
ask for an iWire Team member. 

 

 

II. Withholding Tax Tables:



The Department of Revenue is currently conducting an annual review of
the state withholding tax tables. The effect of House Bill 2649 on upper
wage levels is also being considered.  If it is determined that the
tables need revision, the information will be provided through this
LISTSERV and on our website at www.oregon.gov/DOR/BUS . Be watching for
further developments.

 

III. Amnesty:

 

The Amnesty program will not include the Withholding or Transit Payroll
Tax programs. Starting Oct 1, through November 19th 2009, the program
will waive penalties and one half interest on overdue returns prior to
2007, or amended returns reporting under reported income for the
following programs: 
a. Corporate Income and Excise taxes

b. Personal Income taxes
c. Inheritance Tax (for returns due before January 1, 2008)

d. Transit District Self Employment taxes 

We cannot provide state withholding tax amounts for individual taxpayers
who do not have their W2's for back tax years.  Individuals do have
several options. They can either:



1.	Request a transcript from the IRS that provides a listing of all
employers for a given tax year and the federal withholding tax amounts.
An estimation of what the state withholding tax would have been can be
calculated using the publication "Estimating Oregon Withholding". A copy
can be obtained by calling 503 378-4988 (or 1 800 356-4222 within the
state of Oregon.)
	
2.	Use a copy of their final pay stub. This includes the "year to
date" deduction amounts, including withholding for state. This can act
as a W2.  

For further information on about Oregon's Tax Amnesty, please visit our
website at www.oregontaxamnesty.com <http://www.oregontaxamnesty.com/> 

 

Employers are especially encouraged to contact us if they need to file
either back withholding or transit tax returns. Although not included
under the Amnesty bill, there are numerous options available for those
who choose to voluntarily file missing or overdue Oregon Quarterly Tax
Reports, including payments plans, penalty waiver considerations and
settlement offers.  For further information, please call 503 945-8762 to
speak with a representative. 

 


Education Event:

 

The 16th Annual Portland Small Business Fair 

Oregon Convention Center

777 NE Martin Luther King Blvd
Portland OR 97232

Date: Saturday, September 19th 

Time: 8:30-4:30

 

This free event is sponsored by local, state, and federal agencies and
other organizations that serve small businesses, providing valuable
information for new and prospective employers. 



Workshops and information booths will provide information including how
to obtain business loans, understanding taxes and business licenses, how
to select a CPA and selling on the web. 

 

For more information, call 503 329-4260 or e-mail
linda.e.repp at state.or.us  

 

Additional Information:

 

The Department of Revenue has created a new "blog" designed to provide
businesses with a forum to obtain information and provide feedback.  

The "Oregon Employer Blog" can be found at
http://oregonemployerinfo.blogspot.com . A new blog is coming out
shortly. Please feel free to visit our site and respond to the blog!!!  

 

 

 

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 because of
the possibility of viruses.
 
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> 

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