[Off Topic] - Accounting Question W4

Our payroll department says "Thank-You". They have always given new W-4
forms out at the beginning of every year, "someone" thought it was a
requirement.

Mike





>From: Chris Hansen <chansen@...>
>Reply-To: vantage@yahoogroups.com
>To: "'vantage@yahoogroups.com'" <vantage@yahoogroups.com>
>Subject: RE: [Vantage] [Off Topic] - Accounting Question W4
>Date: Wed, 15 Jan 2003 10:43:56 -0600
>
>I'm glad this question was brought up. I had someone come in a few weeks
>ago from a new payroll service to give me a quote. He said that one of his
>services was to automatically print out a new W4 for each employee at the
>beginning of each year. That surprised me, and when I questioned him, he
>said it was a "requirement" that you have a new one on file for each
>employee. I continued to question him, because I had never heard of such a
>thing, but he insisted he was correct.
>Maybe he should see the IRS quote that Randy just posted.......
>Chris Hansen
>
>
>-----Original Message-----
>From: Carol Engen [SMTP:cengen@...]
>Sent: Wednesday, January 15, 2003 10:11 AM
>To: vantage@yahoogroups.com
>Subject: RE: [Vantage] [Off Topic] - Accounting Question W4
>
>You could meet half way and create a payroll stuffer the first week of
>April. "If you completed your tax return and found that you owed too much,
>or your refund was too large (and you'd prefer to get it before you file
>your return), then please complete the enclosed W-4 and submit to the
>payroll department."
>
>This would be a service to the employees...some of which might be green in
>the workforce and don't remember filling out their original W-4.
>
>Carol Engen
>Controller
>Winona Lighting, Inc.
>Cengen@... <mailto:Cengen@...>
>
> -----Original Message-----
> From: Dina Hieber [mailto:dhieber@...]
> Sent: Wednesday, January 15, 2003 9:56 AM
> To: vantage@yahoogroups.com
> Subject: RE: [Vantage] [Off Topic] - Accounting
>Question W4
>
> Ed,
>
> Thanks. My accounting person is trying to tell me you have
>to every
> year. But I kept saying no. But then I thought well
>maybe..... I
> thought I was going crazy.
>
>
> Best Regards,
>
>
> Dina Hieber
> Vamco International, Inc.
> (412) 963-7100 Phone
> (412) 963-9511 Fax
>
> -----Original Message-----
> From: Edward F. Fox, Jr. [mailto:efox@...]
> Sent: Wednesday, January 15, 2003 10:49 AM
> To: vantage@yahoogroups.com
> Subject: RE: [Vantage] [Off Topic] - Accounting Question W4
>
> No
>
> Edward F. Fox, Jr., CPA
> Controller
> Maxson Automatic Machinery Company
> Phone: 401-596-0162 x110
> Fax: 401-596-1050
> www.maxsonautomatic.com
>
>
> -----Original Message-----
> From: Dina Hieber [mailto:dhieber@...]
> Sent: Wednesday, January 15, 2003 10:44 AM
> To: vantage@yahoogroups.com
> Subject: [Vantage] [Off Topic] - Accounting Question W4
>
>
> Stupid Question -
>
>
>
> Do you need to have employee's complete a new W4 every year?
>
>
>
> Best Regards,
>
>
>
>
>
> Dina Hieber
>
> Vamco International, Inc.
>
> (412) 963-7100 Phone
>
> (412) 963-9511 Fax
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
>
>
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Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]
No

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 10:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4


Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
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No...however there have been some changes in recent years and it
might be in the employees best interest to do the worksheet and
assure that they are not overpaying (especially if they are AL Bundees).
If the employee is claiming exempt then they do have to do a new one each
year.



-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 9:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4

Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
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http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Ed,

Thanks. My accounting person is trying to tell me you have to every
year. But I kept saying no. But then I thought well maybe..... I
thought I was going crazy.


Best Regards,


Dina Hieber
Vamco International, Inc.
(412) 963-7100 Phone
(412) 963-9511 Fax

-----Original Message-----
From: Edward F. Fox, Jr. [mailto:efox@...]
Sent: Wednesday, January 15, 2003 10:49 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question W4

No

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 10:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4


Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
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http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to
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Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
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Your use of Yahoo! Groups is subject to
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[Non-text portions of this message have been removed]
You could meet half way and create a payroll stuffer the first week of
April. "If you completed your tax return and found that you owed too much,
or your refund was too large (and you'd prefer to get it before you file
your return), then please complete the enclosed W-4 and submit to the
payroll department."

This would be a service to the employees...some of which might be green in
the workforce and don't remember filling out their original W-4.

Carol Engen
Controller
Winona Lighting, Inc.
Cengen@... <mailto:Cengen@...>

-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 9:56 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting
Question W4

Ed,

Thanks. My accounting person is trying to tell me you have
to every
year. But I kept saying no. But then I thought well
maybe..... I
thought I was going crazy.


Best Regards,


Dina Hieber
Vamco International, Inc.
(412) 963-7100 Phone
(412) 963-9511 Fax

-----Original Message-----
From: Edward F. Fox, Jr. [mailto:efox@...]
Sent: Wednesday, January 15, 2003 10:49 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question W4

No

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 10:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4


Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note:
You must
have
already linked your email address to a yahoo id to enable
access. )
(1) To access the Files Section of our Yahoo!Group for
Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services
goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/




Useful links for the Yahoo!Groups Vantage Board are: ( Note:
You must
have already linked your email address to a yahoo id to
enable access. )
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and Crystal Reports and other 'goodies', please goto:
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(3) To view links to Vendors that provide Vantage services
goto:
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Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/





[Non-text portions of this message have been removed]


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The W-5 ( Earned Income Advanced Payment Certificate) expires at the end
of the year. A new one needs to be completed each year that the
employee qualifies.

Linda
lindafurio@...




-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 9:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4

Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
Carol,

Thanks for the suggestion - I am going to try this one!

Best Regards,


Dina Hieber
Vamco International, Inc.
(412) 963-7100 Phone
(412) 963-9511 Fax

-----Original Message-----
From: Carol Engen [mailto:cengen@...]
Sent: Wednesday, January 15, 2003 11:11 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question W4

You could meet half way and create a payroll stuffer the first week of
April. "If you completed your tax return and found that you owed too
much,
or your refund was too large (and you'd prefer to get it before you file
your return), then please complete the enclosed W-4 and submit to the
payroll department."

This would be a service to the employees...some of which might be green
in
the workforce and don't remember filling out their original W-4.

Carol Engen
Controller
Winona Lighting, Inc.
Cengen@... <mailto:Cengen@...>

-----Original Message-----
From: Dina Hieber
[mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 9:56 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting
Question W4

Ed,

Thanks. My accounting person is trying to tell me you
have
to every
year. But I kept saying no. But then I thought well
maybe..... I
thought I was going crazy.


Best Regards,


Dina Hieber
Vamco International, Inc.
(412) 963-7100 Phone
(412) 963-9511 Fax

-----Original Message-----
From: Edward F. Fox, Jr.
[mailto:efox@...]
Sent: Wednesday, January 15, 2003 10:49 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question
W4

No

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Dina Hieber
[mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 10:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4


Stupid Question -



Do you need to have employee's complete a new W4 every
year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: (
Note:
You must
have
already linked your email address to a yahoo id to
enable
access. )
(1) To access the Files Section of our Yahoo!Group for
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and
Crystal Reports and other 'goodies', please goto:
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services
goto:
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Your use of Yahoo! Groups is subject to
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Useful links for the Yahoo!Groups Vantage Board are: (
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You must
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(1) To access the Files Section of our Yahoo!Group for
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[Non-text portions of this message have been removed]


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Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
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[Non-text portions of this message have been removed]
Straight from the IRS website;



A Form W-4 remains in effect until the employee gives you a new one. If
employees claim exemption from income tax withholding, they must give
you a new Form W-4 each year. If an employee gives you a Form W-4 that
replaces an existing Form W-4, begin withholding no later than the start
of the first payroll period ending on or after the 30th day from the
date you received the replacement Form W-4. For exceptions and invalid
Forms W-4, refer to Publication 15 Circular E.



In Christ

Randy Vander Galien

IS Manager

Heartland EPS



-----Original Message-----
From: Edward F. Fox, Jr. [mailto:efox@...]
Sent: Wednesday, January 15, 2003 9:49 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question W4



No

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 10:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4


Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
<http://groups.yahoo.com/group/vantage/files/>
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
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<http://docs.yahoo.com/info/terms/> .



[Non-text portions of this message have been removed]
I'm glad this question was brought up. I had someone come in a few weeks
ago from a new payroll service to give me a quote. He said that one of his
services was to automatically print out a new W4 for each employee at the
beginning of each year. That surprised me, and when I questioned him, he
said it was a "requirement" that you have a new one on file for each
employee. I continued to question him, because I had never heard of such a
thing, but he insisted he was correct.
Maybe he should see the IRS quote that Randy just posted.......
Chris Hansen


-----Original Message-----
From: Carol Engen [SMTP:cengen@...]
Sent: Wednesday, January 15, 2003 10:11 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question W4

You could meet half way and create a payroll stuffer the first week of
April. "If you completed your tax return and found that you owed too much,
or your refund was too large (and you'd prefer to get it before you file
your return), then please complete the enclosed W-4 and submit to the
payroll department."

This would be a service to the employees...some of which might be green in
the workforce and don't remember filling out their original W-4.

Carol Engen
Controller
Winona Lighting, Inc.
Cengen@... <mailto:Cengen@...>

-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 9:56 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting
Question W4

Ed,

Thanks. My accounting person is trying to tell me you have
to every
year. But I kept saying no. But then I thought well
maybe..... I
thought I was going crazy.


Best Regards,


Dina Hieber
Vamco International, Inc.
(412) 963-7100 Phone
(412) 963-9511 Fax

-----Original Message-----
From: Edward F. Fox, Jr. [mailto:efox@...]
Sent: Wednesday, January 15, 2003 10:49 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] [Off Topic] - Accounting Question W4

No

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Dina Hieber [mailto:dhieber@...]
Sent: Wednesday, January 15, 2003 10:44 AM
To: vantage@yahoogroups.com
Subject: [Vantage] [Off Topic] - Accounting Question W4


Stupid Question -



Do you need to have employee's complete a new W4 every year?



Best Regards,





Dina Hieber

Vamco International, Inc.

(412) 963-7100 Phone

(412) 963-9511 Fax





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