Category: Tax reminders 2022

State unemployment insurance rates

Most states review and update employers’ unemployment insurance rates effective Jan. 1. In late 2021 or early 2022, each state in which you are registered will update your rate. It’s imperative these tax-related communications are forwarded to your Insperity payroll specialist as soon as you receive them. We require this information to ensure your taxes are paid accurately and timely in 2022.

2021 annual and fourth quarter returns

Fourth quarter and annual tax filings will be available on the Return Archive page of the Reporting menu in isolved on Feb. 1, 2022, as referenced in the screenshot(s) below.

W-2 and 1099 Form distribution

For employees who have consented to receive their year-end forms electronically, their W-2 form will be available to download through Employee Self-Service on Jan. 20, 2022. No forms will be printed for employees who have elected to receive year-end forms electronically.

If an employee DID NOT opt-in to receive an electronic W-2, their original W-2 will be mailed by Jan. 31 to their home address on file in isolved.

1099 forms are printed only if payment(s) exceed $600. If you need forms for payments less than $600, please reach out to your payroll specialist.

2022 rate and filing frequency changes

Most states review and update employers’ unemployment insurance (SUI) rates effective Jan. 1 for the new year. You should receive a new rate notice in late 2021 or early 2022 from each state in which you are registered.

You will also be notified of revised state and local filing frequencies via agency letter or coupon book for your 2022 tax payments. 

Please forward copies of rate notices or agency letters to ips.tax@insperity.com. Insperity does not receive this information from state and local agencies.

2022 federal tax deposit frequency

Each fall, the Internal Revenue Service (IRS) mails employers Tax Deposit Frequency letters to notify them of their deposit frequency for the coming year. Based on your company’s total federal tax liability, your deposit frequency will be semi-weekly or monthly.

Please forward a copy of the notification letter to ips.tax@insperity.com as soon as you receive it. It contains important information needed by Insperity to correctly calculate due dates for your federal tax liability.

NOTE: If you deposit monthly, and your tax liability exceeds $100,000 within one deposit period, the associated deposit is required the next business day, and your filing frequency changes to semi-weekly for the remainder of the calendar year.