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@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

 

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@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. Representatives in the Business Division will send information to employers through this list. Employers can request additional information by e-mailing payroll.help.dor@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@state.or.us
503-945-8762