Magnetic Media Reporting & Electronic Reporting in Colorado
Employers using Magnetic Media Reporting or Electronic Reporting in Colorado have to keep up with an avalanche of government procedures and regulations that change almost yearly. This is a daunting task for even the most knowledgeable of payroll or accounting departments. PAS Inc. can take this burden of work and let you get on with concentrating on your business.
As a note, the government has regulations that require companies with over 250 W2s or 250 1099 forms to file income information via magnetic media. Now, you might say what a pain in the neck, but it really does save our tax money! This can be a time-consuming and costly process for your company – unless you let PAS help. PAS concentrates on the requirements and you can concentrate on your business.
- Affordable Care Act Information Returns – AIR system
- IRS Reporting – FIRE system
- SSA Reporting – EFW2
- State / Locality Wage Reporting
- Quarterly UI reporting
- New Hire
