UNEMPLOYMENT COMPENSATION TAXES
IMPORTANT TAX INFORMATION FOR EMPLOYERS
Correct reporting may save you time and money!
Following are tips to remember when completing the Employer’s Quarterly Report that will help eliminate the improper payment of benefits:
- Use the correct social security number for each employee. Make each employee show you his or her social security card when hired.
- Report wages when PAID, not when earned.
- Respond promptly to any written inquiry for information on former employees.
- Respond to telephone calls from the department seeking your assistance.
For reporting purposes, "Wages" include the following:
- Commissions, bonuses and back pay awards.
- Severance pay and wages in lieu of notice.
- Vacation Pay
- Tips & gratuities when a written statement is furnished by the employee and the amount exceeds $20 in a month.
- "Cafeteria Plan" benefits only if the IRS criteria for exemption are not met.
If you have any questions, please call 1-800-482-8293. If you desire assistance in completing tax forms, contact the nearest Florida Department of Revenue Service Center.
SPECIAL PROGRAMS YOU MAY NEED TO KNOW ABOUT:
Reporting of New Hires: Beginning October 1, 1998, you are required to report all new hires and rehires. For additional information, call (888) 854-4791 toll free or (850) 656-3343 in Tallahassee, or visit the Florida New Hire Reporting website at http://www.fl-newhire.com.
Short Time Compensation: This program allows employees to "share the work" available from their employer rather than have some employees laid off while others continue to work full time. For more information, call the STC Unit at (850) 921-3877.