To follow is a list of the hottest upcoming due dates employers should be aware of:
JANUARY 31, 2020: Tax reporting forms W-2 and 1099-MISC, used for contractors and other non-employees, are due to employees or contractors.
JANUARY 31, 2020: Employer’s fourth quarter federal tax return(s) due. Income taxes, social security tax or Medicare tax withheld from an employee’s paycheck must be reported.
Employers portion of social security or Medicare tax must be submitted to the IRS.
FEBRUARY 1, 2020: OSHA Form 330A must be posted in a common area that employees frequent, by employers with 10+ employees who are not in exempt low-risk industries.
For a list of the low-risk exempt industries, click here, or go to https://www.osha.gov/recordkeeping/ppt1/RK1exempttable.html
March 2, 2020: ACA Forms 1094 and 1095 due to the IRS by applicable large employers and employers who self-fund their own medical plans. See Blue Chip Benefits’ article on the topic, here or view it via our Intelligence Page.
Note, this is not a complete list of government compliance due dates, but rather a list of the hottest items. If you are interested in connecting with our long-time partner so you can stay informed and adhere to ALL employment law and compliance matters (both federal and state), please give us a call so we can put you in contact with them. Our partner can also assist you with SPD Wrap and 125 POP documents.
For more information, contact us at Team@BlueChipBG.com or (888) 225-8244.