IRS Updates Rules for Reporting Agents to Deposit Employment Taxes

by Tom Guappone 7. August 2012 10:00
The IRS updated the rules for depositing federal employment taxes. Taxpayers can now designate a reporting agent to make federal deposits for federal, social security and Medicare withholding taxes. Information on how to designate a reporting agent can be reviewed within Rev. Proc. 2012-32.   Rules for batch and bulk providers to make electronic payments on behalf of other taxpayers can be found by reviewing Rev. Proc. 2012-33.   Both Revenue Procedures will be published in Internal Revenue Bulletin 2012-35 on August 20, 2012.
Categories: Tax