top of page

2023 Tax Announcements: DEPARTMENT OF TAXATION ANNOUNCEMENT NO. 2023-07 (Mandatory Electronic Filing of Withholding Returns for Employers)


Department of Taxation Announcement No. 2023-07: The Mandatory Electronic Filing of Withholding Returns for Employers. Diamond Head Tax Group OAHU Experts. Honolulu's trusted source of tax filing services serving Honolulu, Aiea, Waikiki, Waipahu, Ewa Beach, Kapolei, Pearl City, Kahala, Portlock, Oahu and surrounding areas. Call: 808-468-8041


December 22, 2023


DEPARTMENT OF TAXATION ANNOUNCEMENT NO. 2023-07


RE: Mandatory Electronic Filing of Withholding Returns for Employers



This Tax Announcement supplements Tax Announcement 2019-11 and Tax Announcement 2021-08, which outline electronic filing requirements for employer's withholding tax returns.


Pursuant to section 231-8.5, Hawaii Revised Statutes (HRS), the Department of Taxation ("Department") requires the electronic filing of withholding tax filings for employers whose withholding tax liability exceeds $40,000 annually.


Pursuant to section 231-9.9, HRS, the Department may also require electronic filing for any person who is required to electronically file a federal return.


On February 23, 2023, the United States Department of the Treasury issued Treasury Regulation § 301.6011-2, which generally requires electronic filing of federal returns for employers with 10 or more returns, effective for returns required to be filed after December 31, 2023.


The Department will not be adopting the 10-return threshold for employer's withholding returns at this time. Accordingly, employers who must file at least 10 returns, but whose withholding tax liability does not exceed $40,000 annually, will not be required to electronically file withholding returns with the State.


Employers whose withholding tax liability exceeds $40,000 annually will continue to be subject to mandatory electronic filing, as detailed in Tax Announcements 2019-11 and 2021-08.


For questions related to this Tax Announcement please email the Rules Office at Tax.Rules.Office@hawaii.gov.




GARY S. SUGANUMA

Director of Taxation





 

Contact us and let our skilled OAHU Tax Experts offer their well-rounded tax advice and tailored tax solutions to help you file accurate tax reports. Diamond Head Tax Group is Honolulu's trusted source of tax filing services serving Waianae, Honolulu, Kapolei, Oahu and surrounding areas.


Oahu CPA Tax Firm Honolulu Alan Chan Diamond Head Tax Group Personal and Business Tax Filing and Preparation Tax Advisory S Corporation LLC Payroll Services


5 Star Client Testimonials Oahu CPA Tax Firm Honolulu Alan Chan Diamond Head Tax Group Personal and Business Tax Filing and Preparation Tax Advisory S Corporation LLC Payroll Services


We are available to assist you with your Tax Needs.

Individuals ● Business ● Tax Advisory ● Payroll Services

Oahu CPA Tax Firm Honolulu Office 1050 Queen Street #100, Honolulu Hawaii 96814 Alan Chan Diamond Head Tax Group Personal and Business Tax Filing and Preparation Tax Advisory S Corporation LLC Payroll Services





Comments


bottom of page