ECL Consulting, LLC is
dedicated to informing
and educating our
clients about business, accounting, QuickBooks and tax issues.
Our biweekly e-newsletter
provides
timely articles to help you manage
your business and
finances and
achieve your financial goals.
Please come back and visit often.
Employers - Nonpayroll withholding. If the monthly
deposit rule applies, deposit the tax for payments in June.
Employers - Social security, Medicare, and withheld
income tax. If the monthly deposit rule applies, deposit the tax for payments in
June.
August 2
Employers - File forms 941, A1-QRT and UC-018 for Q3 2010 (April - June)
Dear Client/Friend of ECL
Consulting,
Arizona has enacted a change to how withholding is calculated for employees. See our article below for helpful links and information to make sure you are prepared.
ECL Consulting,
LLC provides accurate, timely, customized and accessible
financial record keeping
solutions that
give you with the tools
to
make informed and profitable management
decisions.
Arizona Withholding Changes July 1, 2010
Senate Bill 1185 Employer
Information
Mandatory Changes to
Arizona Withholding
Revised for wages paid after
June 30, 2010.
Senate Bill 1185 (Laws 2009, 1st Reg.
Session, Chapter 2) amended the amounts required to be withheld for
Arizona withholding purposes. Through June 30, 2010, the amount
required to be withheld was a percentage of federal withholding. For
amounts withheld on or after July 1, 2010, the amount required to be
withheld will no longer be a percentage of federal withholding.
Amounts withheld on or after July 1, 2010, must be based on a table
prescribed by the department.
Employees subject to Arizona income
tax withholding must fill out a new form that will go into effect on
July 1, 2010, and give the completed form to their employer.
Resident employees working in Arizona
and nonresident employees subject to Arizona income tax withholding
should complete a revised Arizona Form A-4 and give the completed form
to their employer.
To ease the transition, the
department has included examples on each form to assist employees in
making a new election. To assist with the selection of the proper
percentage, the department is also providing interactive forms that
will "do the math" for the employee.
Ever
have tax,
QuickBooks
or
accounting question, but didn't know who to
ask? Now you can Ask An Expert. Send us your
question
and we'll answer it here.
Have
you enjoyed this newsletter?
Have
any suggestions for things you'd like to see covered? Have a question for our resident
Accounting
Expert? Let us know
by
emailing askexpert@eclconsulting.com.
Each issue will cover
different
topics and have different features, so watch for our next
e-newsletter.
Remember,
we
provide accounting and cash flow solutions for successful companies
--
yours!
Have any feedback
about
this email or our new website? Please
Contact
Us with your questions or comments and we'll be happy to extend a
free
1 hour consultation to all new clients!
Know
anyone
who could use ECL's services? When you refer someone who becomes
a
client
we will give you either $25 off our services or a gift card to
one
of many great local businesses. *Please see Referral Rewards
on our website for more information.
ECL Consulting, LLC
PO Box 57669
Tuson, AZ 85732 Phone: 1-520-843-2092Ext 1
Fax: 1-520-843-2092 info@eclconsulting.com
