Latest Tax Services News

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Household Moves – New Moving Allowance Payment Form

Due to the Tax Cuts and Jobs Act of 2017, moving expenses paid by the University are taxable to the employee subject to the applicable tax withholding.  Therefore, the University has a new process for new hire household moves.  Instead … Continue reading

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Important Notice: PAPER W-2 FORMS WILL NO LONGER BE DELIVERED TO UNIVERSITY DEPARTMENTS

Paper W-2 forms will no longer be delivered to University departments effective for 2018 W-2 forms delivered in January 2019.  This change is due to the risk of access to personally identifiable information and University efficiency improvements. W-2 forms may … Continue reading

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Purchasing Gift Cards – Best Practices

Many departments ask about how to best purchase Gift Cards. Here are a few important points to keep in mind: For All Gift Card Purchases: Gift cards are an acceptable payment method for study participants but investigators must maintain payment … Continue reading

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Sign up for Electronic W2

W-2 forms are available to University of Utah faculty and staff electronically. Benefits of opting to receive your W-2 electronically include: Helping the University go green. If you file your tax return electronically, a paper copy of the W-2 is … Continue reading

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Sign up for Electronic W2

ATTENTION: Delivery change for 2015 W-2s and future years. If you do not consent to receive your W-2 electronically by January 14, 2016, then you will only receive a printed W-2 and you will NOT have access to an electronic … Continue reading

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New Training Available – Unrelated Business Income Tax (UBIT)

When contemplating University activities that are not specifically within our mission, departments need to consider the potential for unrelated business income. This course will provide an overview of unrelated business income by going over the basic concepts and exceptions to unrelated … Continue reading

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Tax Overview Training Session

Tax Services will provide a Tax Overview training session on August 25th in the Park Finance Training Room 404 from 10:30am-11:30am.  This course will give an overview of common University tax issues that departments may encounter including: sales tax, unrelated … Continue reading

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Help the University go GREEN, Sign up for electronic W2!

Employees can elect to receive Form W-2 electronically. Highlights include: Access the W-2 earlier, don’t wait for it be delivered in the mail. Green – For employees eligible to file a tax return electronically with the IRS, no paper copy … Continue reading

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New Manager of Tax Services and Payroll Accounting

Financial and Business Services is pleased to announce that Kelly Peterson will be joining the department as the new Manager of Tax Services and Payroll Accounting beginning December 1, 2014. Kelly is a graduate of Utah State University, accounting major. … Continue reading

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Help the University go GREEN, Sign up for electronic W2!

Employees can elect to receive Form W-2 electronically. Highlights include: Access the W-2 earlier, don’t wait for it be delivered in the mail. Green – For employees eligible to file a tax return electronically with the IRS, no paper copy … Continue reading

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