Commissioner Werfel Indicates E-Filing of Form 941-X Coming Soon
During his remarks on the one-year anniversary of the funding provided to the IRS by legislation from last year, Commissioner Daniel Werfel indicated that the electronic filing of the form used to make adjustments and corrections to previously filed employment tax returns is coming soon.
“In 2024, the upcoming filing season, the goal is that if you’re a taxpayer who chooses to do all of your work with the IRS electronically, you will have that option,” Werfel stated. He added that the IRS will continue to accept paper for employment tax returns as there is no e-filing requirement and said the IRS aims “to meet taxpayers where they are.”
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IRS Issues August 2023 Version of IRS's Corrected Wage and Tax Statement and Transmittal Form
Recently, the IRS issued an August 2023 version of Form W-2C, Corrected Wage and Tax Statement, and Form W-3C, Transmittal of Corrected Wage and Tax Statements.
The IRS says to use Form W-3c to send Copy A of Form W-2c to the SSA and always file Form W-3c when submitting one or more Forms W-2c. That said, the SSA encourages all employers to e-file using its secure Business Services Online (BSO) website. E-filing can save you time and effort and helps ensure accuracy.
GSA Announces Domestic Per Diem Rates Beginning October 1
The General Services Administration (GSA) has announced the federal domestic per diem rate table for fiscal year (FY) 2024 on its website. The rates will be in effect from October 1, 2023 to September 30, 2024.
The standard CONUS lodging rate will increase from $98 to $107 for the 2024 fiscal year (FY). Lodging rates for locations listed in the per diem rate table will range from $107 to $485 in FY 2024. All current non-standard areas (NSAs) will have lodging rates at or above FY 2023 rates. The M&IE per diem tiers for FY 2024 are unchanged at $59-$79, with the standard M&IE rate unchanged at $59.
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