April 17 has come and gone, and New Yorkers have filed their returns, or at least filed for an extension. But for many New York businesses, April 30 is another key date.
The New York State Department of Taxation and Finance is reminding businesses to file Form NYS-45, Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return, by April 30, for the period running from Jan. 1 to March 31 of this year.
According to the instructions for the form:
- Employers who are subject to both unemployment insurance contributions and withholding tax must complete Parts A, B, and C each quarter.
- Employers subject only to unemployment insurance contributions must complete Part A and Part C, columns a, b, and c.
- Employers subject only to withholding tax must complete Part B for each quarter and Part C, columns a, b, d, and e, on the final quarterly return filed for the calendar year.
The instructions note filing requirements may be waived for seasonal employers who make no wage payments for one or more quarters. However, there are very specific procedures to follow.As with most New York forms, electronic filing is encouraged, and certain wage reporting files must be uploaded electronically.
Contact an R&G Brenner tax professional today if your business needs assistance filing these forms.