Federal and state compliance requires the filing of several different reports by certain deadlines. In this lesson I explain the various reports, filing deadlines and best practices to comply with the law. I’ll explain the quarterly set of reports first then the respective annual requirements.
Form W-3 is an employer’s summation report and transmittal document to the Social Security Administration. This report should tie to the cumulative total of all W-2’s and quarterly 941 reports for the calendar year.