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SCS/HB 1582 - Currently, an employer is allowed to file an annual withholding tax return instead of four quarterly returns when the aggregate amount withheld is less than $20 in each of the four preceding quarters. The act changes the amount to less than $100 in each of the four preceding quarters if the employer is not otherwise required to file a withholding return on a monthly basis. This provision is similar to HB 502 (2015). Beginning January 1, 2018, this act requires employers with at least 250 employees to file their Form W-2s electronically to the state unless granted a waiver for the federal requirement to file electronically by the Internal Revenue Service. This provision is identical to SCS/SB 950 (2016) & HCS/HB 2108 (2016). DOMENIC SITA
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