HIRING EMPLOYEES
Form I-9 EMPLOYMENT ELIGIBILITY VERIFICATION
If you hire employees in your business, you MUST use Form I-9 to verify the identity and employment authorization of individuals hired for employment in the United States.
ALL U.S. employers MUST properly complete Form I-1 for EACH individual they hire for employment in the United States.
This includes both citizens and noncitizens.
BOTH employers and employees (or an authorized representative of the employer) MUST complete Form I-9.
The Department of Homeland Security and U.S. Citizenship and Immigration Services websites offer the form and detailed instructions for Form I-9.
Employers may be fined if the form is not completed or if the form is not properly completed.
Individuals may be prosecuted for knowingly and willfully entering false information on the form.
Employers are responsible for retaining completed forms and all required documentation in their business records.
Form W-4 EMPLOYEE'S WITHHOLDING CERTIFICATE
All employees, each year, should complete Form W-2 (with all of their employers) so that their employer(s) can withhold the correct amount of federal income tax from their pay.
Employees should complete a new Form W-2 during the year as well if their personal or financial situation changes as this could affect the amount to be withheld for federal income tax purposes.
Both the employer and the employee should keep a copy of Form W-4 with their tax records.
Having the correct amount of federal income tax withheld can prevent unpleasant surprises at tax time such as a large amount due, and IRS penalties and interest charges.
CALL NOW 561-746-1926 or 561-339-8102 if you have any questions or concenrs or would like to schedule a FREE, Confidential, No-Obligation Tax-Saving Consultation.