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Wisconsin DOR Publishes Withholding Tax Update

Dated Nov. 19, 2020

Citations: 2020-1

SUMMARY BY TAX ANALYSTS

The Wisconsin Department of Revenue issued a withholding tax update, which includes nexus, income tax, and withholding guidance for businesses with employees who are telecommuting because of COVID-19; the new electronic filing option for Form PW-2 for passthrough entities; and options for employers to shorten taxpayer identification numbers on forms W-2 and 1099 in an effort to combat identify theft.

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