Tax Tip Tuesday: Iowa Workforce Development Payment Update
Iowa Workforce Development has announced a change in how payments must be made to them.
Employers are now required to pay unemployment insurance contributions and reimbursement of charges electronically using myIowaUI.org. The department reserves the right to assess a penalty for non-compliance of the updated Iowa Administrative Code 871-22.16.
Three payment options are available:
eCheck - payment can be made electronically on myIowaUI. When submitting your payment by eCheck, provide this ACH Company ID# to your bank to avoid the payment being blocked by your bank.
Credit card - payment can be made electronically on myIowaUI.
ACH payment - fill out and submit an ACH Application.
Disclaimer: The items included in the Tax Tip Tuesday Video Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advise contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein