We hope you find these important reminders helpful as you head into the new year.
Most states review and update employers’ unemployment insurance rates effective Jan. 1 for the new year. You should receive a new rate notice in late 2019 or early 2020 from each state you are registered in. These unemployment rates and tax filing frequencies are mailed to the taxpayer, and 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 2020.
2019 Annual and 4th Quarter Returns
Fourth quarter and annual tax filings will be available on the Return Archive page of the Reporting menu in iSolved on Feb. 14, 2020, as referenced in the screenshot(s) below.
W-2 and 1099 Form distribution
With the understanding that all year-end processing deadlines have been met and all necessary information reported, W-2s will be processed and delivered by Jan. 31, 2020. We will print and ship W-2 forms to the primary client address for you to distribute to your employees.
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, 2020. No forms will be printed for employees who have elected to receive year-end forms electronically.
1099 forms are printed only if wages exceed $600, and no forms will be printed for workers who have elected to receive year-end forms electronically.
For employees who have opted to receive their year-end tax forms electronically, W-2 forms and 1099 forms will be available for viewing and printing online on Jan. 20, 2020.