E-NEWS

October 3, 2022

GMS Inc.

GMS Inc

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Service Policy During GMS Annual Team Meeting

This year the GMS Team meeting will be held on October 17- 21, 2022.

The Service Chat room will be closed for the week.

Each day service calls will be responded to between 8:30am – 5:00pm ET.  Though we will monitor service calls, we will be responding to emergency calls only and we strongly encourage you to send an email or submit a request for service via our website. If calls can be returned the following week, please help us prioritize our responses and specify so when placing your service call.

It’s Time to Order your Tax Forms!

SSA Changes to Business Services Online Registration Process

With the introduction of the Taxpayer First Act, the SSA’s Business Services Online has changed the registration process.

 

The Taxpayer First Act, became Public Law 116-25 in July 2019, requires more employers to file W-2s or W-2Cs electronically. At this time, the IRS has not yet issued formal regulation on the implementation, below is the tentative schedule:

  • By midnight on January 31, 2022, employers who file 100 or more W-2s or W-2Cs will have to send W-2s or W-2Cs to SSA electronically.
  • By midnight on January 31, 2023, employers who file 10 or more W-2s or W-2Cs will have to send W-2s or W-2Cs to SSA electronically.

When the IRS issues formal guidance on implementing this new law, the above date may change. The IRS has the authority to penalize any employer who does not file electronically if they meet the threshold.

Please Note: Businesses should register with Business Services Online before Form W-2 reporting season in January to ensure compliance prior to submitting Forms W-2.

 

Complete your registration to Social Security Online here:
https://secure.ssa.gov/acu/IRESWeb/registration.jsp

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