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PH SSS PEN-01405 2019-2024 free printable template

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SSS Annual Confirmation of Coverage is an online process to help employers confirm the accuracy of the Social Security numbers of their employees and to ensure that their employees are properly covered by Social Security. The process also helps employers to ensure that their employees are properly registered for Medicare.
All employers who are registered with the Social Security System (SSS) are required to file their Annual Confirmation of Report of Employees and Payroll (ACREP) to the SSS every year.
1. Log in to your online account with the Social Security Administration. 2. Once logged in, select the "Annual Confirmation of Benefits" option. 3. Carefully read the information provided and answer any questions asked. 4. Review the information on the page and ensure that all the information is correct. 5. When you are satisfied with the information provided, click on the "Submit" button to complete the Annual Confirmation of Benefits.
The purpose of an annual confirmation of sss is to ensure that employee records are accurate and up-to-date. By confirming the accuracy of employee information such as address, banking details, and other contact information, employers can ensure that their payroll records are accurate and up-to-date. This information is also used to ensure that employees are receiving the correct pay and benefits.
The Social Security Administration (SSA) requires employers to report the following information on the SSA's Annual Confirmation of Reportable Earnings Form (Form W-2c): 1. Employee name 2. Social Security Number 3. Employer name 4. Employer's Tax Identification Number 5. Total wages earned in the last calendar year 6. Total tips earned in the last calendar year 7. Total Federal income tax withheld in the last calendar year 8. Social Security wages paid 9. Social Security tax withheld 10. Medicare wages paid 11. Medicare tax withheld
The deadline to file SSS Annual Confirmation of Receipts and Expenditures for the year 2023 is April 30, 2024.
The penalty for the late filing of an SSS Annual Confirmation of Report is a fine of up to P5,000.00.
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