Form W-2s Sample Clauses

The Form W-2s clause requires an employer to provide employees with official wage and tax statements, typically known as Form W-2, for each tax year in which the employee received compensation. This clause ensures that employees receive accurate documentation of their earnings and tax withholdings, which they need to file their personal income tax returns. By mandating the timely and proper delivery of Form W-2s, the clause helps both parties comply with tax laws and prevents disputes or penalties related to tax reporting.
Form W-2s. Besicorp and Newco agree to comply with the alternate procedure as set forth in Section 5 of Revenue Procedure 96-60, 1996-53 IRB 24 (12/30/96) regarding the preparing and filing of Forms W-2 and related forms as therein prescribed, thereby relieving Besicorp from furnishing Forms W-2 to any employee employed in the current calendar year by Newco.
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Form W-2s. With respect to the Transferred Employees, Seller shall be responsible for preparing and issuing to such Transferred Employees Form W-2s for the service period beginning January 1, 2017 to and including the Closing Date and Purchaser shall be 4832-5501-9850v.12 0058243-000353 responsible for preparing and issuing to such Transferred Employees Form W-2s for the service periods after the Closing Date.
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Form W-2s. Pursuant to Revenue Procedure 2004-53, 2004-2 C.B .320, provided that Seller provide Buyer with all necessary payroll records for the calendar year which includes the Closing Date, Buyer shall furnish a Form W-2 to each employee employed by Buyer who had been employed by Seller disclosing all wages and other compensation paid for such calendar year, and taxes withheld therefrom, and Seller shall be relieved of the responsibility for doing so.
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Related to Form W-2s

  • IRS IRS shall mean the Internal Revenue Service.

  • IRS Forms If requested by the Representative, the Company shall deliver to each Underwriter (or its agent), prior to or at the Closing Date, a properly completed and executed Internal Revenue Service (“IRS”) Form W-9 or an IRS Form W-8, as appropriate, together with all required attachments to such form.

  • Form W-9 Such Selling Stockholder shall deliver to the Custodian or the Representatives, as appropriate, prior to the First Closing Date, a properly completed and executed United States Treasury Department Form W-9 (or other applicable form or statement specified by Treasury Department regulations in lieu thereof).

  • Tax Return “Tax Return” shall mean any return (including any information return), report, statement, declaration, estimate, schedule, notice, notification, form, election, certificate or other document or information filed with or submitted to, or required to be filed with or submitted to, any Governmental Body in connection with the determination, assessment, collection or payment of any Tax or in connection with the administration, implementation or enforcement of or compliance with any Legal Requirement relating to any Tax.

  • Federal Income Tax Elections The Member shall make all elections for federal income tax purposes.