2012 is going to be a big year of changes that will be taking place for Payroll taxes on the Local Level.
In PA we have Act 32 which there are changes happening with Act 32. One change is forms that the employer needs to have filled out by their employees. It is called Local Earned Income Tax Residency Certification Form. These Forms need to be filled out by all employees and kept on file by the employer. Whenever you have an employee that moves or is a new employee this form also needs to be filled out by them. This form is important because it helps the employer determine the rate of tax that needs to be withheld by a PSD Code and EIT Rate.
Northampton and Lehigh Counties have two different tax Collection Agencies.
Northampton County now has Keystone Collections Group
Lehigh County now has Berkheimer
You will see correspondence coming from these agencies to employees and employers. It is best to talk to your CPA or Accountant if you have questions.
Our firm does offer Payroll Services that are very client centered. What makes us different is you talk directly to us and when you have a change or question we can make that change with one phone call. If you have a need for specific reports it is as easy as contacting us directly. We are very flexible to the needs of the client. Feel free to contact us directly if you have Questions. We also do training if wish to take care of Payroll on your own.
2012 will be a year of changes when it comes to Payroll Taxes are you ready ?