Instructions for Form CT-1 - Introductory Material
Changes to tax rates and compensation bases.
For 2007 tax rates and compensation bases, see
Employer and Employee Taxes—Tax Rates and Compensation Bases on page 2.
Disregarded entities and qualified subchapter S subsidiaries.
The IRS has published final regulations (T.D. 9356) under which QSubs and eligible single-owner disregarded entities
are treated as separate
entities for employment tax and reporting purposes. For more information, see
Disregarded entities and qualified subchapter S subsidiaries
under
Who Must File.
RRBLINK discontinued.
December 31, 2007, is the last day to make a payment using RRBLINK. Beginning January 1, 2008, make all of your electronic
payments using the
Electronic Federal Tax Payment System (EFTPS). For more information on EFTPS, see
Electronic payment below.
Additional information.
-
Pub. 15 (Circular E), Employer's Tax Guide, contains information for withholding, depositing, reporting, and paying employment
taxes.
-
Pub. 15-A, Employer's Supplemental Tax Guide, contains specialized and detailed employment tax information supplementing the
basic
information provided in
Pub. 15 (Circular E).
-
Pub. 15-B, Employer's Tax Guide to Fringe Benefits, contains information about the employment tax treatment of various types
of noncash
compensation.
-
Pub. 915, Social Security and Equivalent Railroad Retirement Benefits, contains the federal income tax rules for social security
benefits
and equivalent Tier I railroad retirement benefits.
-
The Railroad Retirement Board (RRB) website at
www.rrb.gov contains additional employer reporting information and
instructions.
You can order forms and publications by calling 1-800-829-3676 or visiting the IRS website at
www.irs.gov.
Electronic payment.
Now, more than ever before, businesses can enjoy the benefits of paying their federal taxes and railroad retirement
payments electronically.
Whether you rely on a tax professional or handle your own taxes, the IRS offers you convenient programs to make it easier.
Spend less time on taxes
and more time running your business. Use Electronic Federal Tax Payment System (EFTPS) to your benefit. To learn more about
EFTPS, visit
www.eftps.gov or call EFTPS Customer Service at 1-800-555-4477.
Where can you get telephone help?
You can call the IRS toll free at 1-800-829-4933 on Monday through Friday from 7 a.m. to 10 p.m. local time (Alaska
and Hawaii follow Pacific time)
to order tax deposit coupons (Form 8109) and for answers to your questions about completing Form CT-1, tax deposit rules,
or obtaining an employer
identification number (EIN).
Photographs of Missing Children
The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of
missing children
selected by the Center may appear in instructions on pages that would otherwise be blank. You can help bring these children
home by looking at the
photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.
