Ten Small Cities to Start a Business in 2023
Are you starting a new business? Have you thought about where you would like to start a business? Learn more about the best small cities to start a business.
Delaware has provided updates on its Frequently Asked Questions regarding Form W-2 and Form 1099. These updates may affect how Delaware residents file for tax year 2021.
As of September 30th, Delaware has provided updates on its Frequently Asked Questions regarding Form W-2 and Form 1099. Among the FAQs listed, there are two specific changes employers should take note of:
Forms may be submitted online or on paper, but note that magnetic media will no longer be accepted for Form W-2 and Form 1099. Form W-3 can be submitted online file upload, on paper, or portal manual entry.
Delaware will also not be accepting consolidated withholding tax payments for more than one employer or payer. Now, withholding must be paid as shown on the Form W-2 or Form 1099-R issued to the employer or payer. Although multiple employers can be reported in one W-2 submission file, and various payers can be reported in one 1099.
Other information to note according to the FAQ:
Please visit the Delaware Frequently Asked Questions website page for more information regarding the updates to Form W-2 and Form 1099.
Are you starting a new business? Have you thought about where you would like to start a business? Learn more about the best small cities to start a business.
Your filing status is perhaps the most important piece of information when it comes to tax withholding. Learn which filing status applies to you.
How often should you submit a new W-4? What is your filing status? In this article, we break down some of the most common W-4 questions.