December 28 Is Deadline for Taxable Personal Payments - 12/22/09
Requests for taxable personal payments to be paid in 2009 must be submitted to the Tax Department by the end of the day Monday, Dec. 28, according to the Tax office. Such payments should be marked “RUSH.”
The Tax office will process payments received by the deadline to be paid on the last business day of the year, Dec. 30.
A time-sensitive, taxable payment to note is a moving allowance for a new employee who is not yet set up in Payroll but unable to wait until January for payment. Such moving allowances are to be reported on a 2009 W2. Therefore, for tax-reporting purposes, the new employee must be set up in Payroll by Jan. 8.
Other types of personal payments should be processed as usual.