The Internal Revenue Service (IRS) has released the 2013 versions of the following four key publications that help employers meet their payroll tax responsibilities:
These publications reflect employment tax changes made by the American Taxpayer Relief Act of 2012.
The IRS has also re-issued a corrected version of the 2013 Form W-4, Employee's Withholding Allowance Certificate. The corrected form was re-issued after January 18, 2013. Employers that used the earlier released version should note that the following revisions were made to line 1 of the Deductions and Adjustments Worksheet on page 2:
The number "7.5%" has been changed to "10% (7.5% if either you or your spouse was born before January 2, 1949)"; and
New references to certain income limitations for itemized deductions and to IRS Publication 505, Tax Withholding and Estimated Tax, have been added.
Payroll > Withholding Taxes
Payroll > Taxation of Employee Compensation
Payroll > Involuntary and Voluntary Pay Deductions > Federal Tax Levies
Payroll > Depositing and Reporting Withheld Taxes