Help us beat last year’s record of getting more than 15,000 employees to confirm and/or update their personal information within the portal in preparation for tax season by asking employees to take the following actions.
Help employees who filed as tax exempt in 2014 avoid heavy income tax deductions next year by asking them to complete a new W-4 in the employee portal this winter.
Help CU verify that employees have the correct addresses on file by Jan. 5, 2015, to ensure they receive their W-2 tax documents in ample time to file.
If your department pays foreign individuals or entities, expect to see changes when these groups submit W-8 forms, which are collected to certify U.S. tax status.
Yearly tax reminders.
Employees may need to adjust their federal and state calendar year in order to meet their income tax obligations.