Employers Receive Tax Information in
New Format, the "Reporter"

WASHINGTON - Nearly 7 million employers will see simpler forms when they file their quarterly employment tax forms beginning in 1994. In 1993 winter edition of the "Reporter" has this story and more and will go out to nearly 7 million employers in early December. The "Reporter", a joint venture of the Internal Revenue Service and the Social Security Administration, is a quarterly newsletter with information on employment taxes and employer obligations.

The winter issue of the "Reporter" includes information on several topics:

• Social Security wage base changes for 1994
• employee benefits from advanced payments of the earned income tax credit
• an option available to make federal tax deposits electronically through TAXLINK
• filing correct wage statements
• Immigration and Naturalization Service requirements
• tax law changes

IRS will include the "Reporter" in the mail out of the fourth quarter Form 941, Employer's Quarterly Tax Return. The IRS and SSA began co-publishing the newsletter last year to help employers better deal with the recordkeeping and reporting requirements of both agencies. This is the first issue to contain information from a third agency, the INS.

Additional copies of the "Reporter" can be obtained by calling the IRS at 1-800-TAX-FORM (1-800-829-3676) and requesting Publication 1693.

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