Facsimile signatures as good as the real thing.Recent IRS rules outlined in Rev. Proc. 2005-39 allow corporate officers or duly authorized agents to sign employment tax forms using alternative signature methods, including mechanical devices and computer software. [ILLUSTRATION OMITTED] The new rules apply to any form in the 940 series; Form 1042, Annual Withholding Tax Return Tax Return The tax form used to file income taxes to the IRS.Notes: Individuals use the 1040 form, corporations form 1120, and partnerships form 1065. Note: these are only some of the forms. See also: Income Tax, IRS, Return for U.S. Source Income of Foreign Persons; Form 8027, Employer's Annual Information Return of Tip Income Tip Income Funds received over and above wages for services rendered. Also known as gratuities.Notes: If an individual collects tips over a given amount during a calendar month, it must be reported to the employer. See also: Deferred Income Tax, Exempt Income, Gambling Income, Personal Income and Allocated Tips; Form CT-1, Employer's Annual Railroad Retirement Tax Return; and any variant of these forms. Find more at www.irs.gov/newsroom/article/0,,id=141058,00.html. |
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