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Preparing For Next Tax Season With Social Seurity Business Services Online

Tax day may be in the rearview mirror but Social Security has some things for business leaders to keep an eye out for already for next year.

 

Employer wage reports were due to Social Security at the end of January and IRS regulations reduced the electronic filing threshold from 250 W-2s to 10 informational returns. Jack Myers with Social Security says more employers now need to take advantage of Social Security’s Business Services Online. Some companies/organizations handle the wage reporting themselves, others hire accountants or payroll services to handle it. 

 

 

Once that connection is made, you will then request services you would like to perform for your employer in BSO. Myers adds some of the options include, W-2/W2c Online, Wage file upload, the AccuWage Online, and Social Security Number Verification Service.

 

 

Additionally, Myers notes to use Business Services Online, we now require authentication through your mySocialSecurity account. Therefore, you’ll need to establish or link your mySocialSecurity account to Business Services Online.

 

 

Myers encourages employers to look ahead to next year and get your BSO access squared away now, before you need it next January. It can take some time to get everything set up. Especially if you wait until the peak time, so visit www.ssa.gov/bso today to get started.

 

There are helpful resources available via the “Customer support for wage reporting”  link on the BSO page. 

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