More West Virginia Employers Will Be Required to Deposit Payroll Taxes Electronically in 2013

Author: Rena Pirsos, XpertHR Legal Editor

Effective January 1, 2013, West Virginia employers will be required to make payroll tax deposits by electronic funds transfer (EFT) if their liability for any single business tax type is $50,000 or more during the immediately preceding tax year.

Since the current threshold is $100,000 or more, many more employers will be required to deposit using EFT. West Virginia State Tax Department, Pub. WV/EFT-3 and Pub. WV/EFT-4 (Rev. Aug. 2012).

Additional Resources

Payroll > Depositing and Reporting Withheld Taxes: West Virginia > Electronic Deposit Requirements