Page 13 - IRS Audit Triggers - Beware
P. 13
EMPLOYER RESPONSIBILITIES
Each Payday
New Employees
• Deposit:
• Verify work eligibility of • Withhold federal • Withheld income
new employees income tax based on tax
• Record Employees each employee’s Form • Withheld and
names and SSNs from W-4 employer social
social security cards • Withhold employee’s security taxes
• Ask employees for From share of social security • Withheld and
W-4 and Medicare taxes employer
Medicare taxes