Payroll Reporting

Taxes associated with payroll:

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941 Federal Tax Deposit (combination of federal withholding and social security/medicare withholding)

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SUTA / state unemployment

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FUTA / federal unemployment

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State withholding / the state income tax withheld from employee paycheck

Reports:

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941 Employers Quarterly Federal Tax Return - Filed quarterly

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State Continuation Report - In Virginia it is the Virginia Employment Commission

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VEC Quarterly Tax Return - Filed quarterly

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VA- 5 Virginia Withholding - Filed monthly

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VA-15 Virginia Withholding - Filed semi-weekly

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VA-16 Virginia Withholding - Summary filed quarterly for VA-15 filers

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VA- 6 Virginia Withholding - Filed annually with W2's

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940 Employers Annual Federal Unemployment/FUTA - Filed annually

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W2 Wage & Tax Statement - filed annually 

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W3 Summary Wage & Tax Statement - filed annually with copies to Social Security Administration, IRS & State