Re: Fwd: FW: Action required: important tax implications for all associates
tell george
--- DKIESQ@aol.com wrote:
Peg also told me, as per Donna, and as indicated in
this e-mail Donna has to
file LHW's number of NY days in LTD's system, which
will trigger a NY Tax if
more than 14 days in NY. Peg's question is how this
should be handled? Why
is Donna even discussing this with Peg? Please let
me know what I am
supposed to do on this.Darren
Date: Wed, 14 Dec 2005 15:41:09 -0500
To: dKIESQ@aol.com
From: Peg Ugland pegu@naproperty.com
Subject: Fwd: FW: Action required: important tax
implications for all
associatesDarren,
This is a new procedure that all Limited Brands
Associates must do due to
the NY tax laws. Per Donna, she must enter this for
LHW. Please show to
Jeffrey.
Thanks.
PegX-VirusChecked: Checked
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Subject: FW: Action required: important tax
implications for all associates
Date: Wed, 14 Dec 2005 14:47:06 -0500
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Thread-Topic: Action required: important tax
implications for all associates
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From: "Larsen, Donna" DLarsen@Limitedbrands.com
To: pegu@naproperty.com
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FILETIME=[28521070:01C600E7]Peg
Per our telcon let me know.
Thanks.
Donna
-----Original Message-----
From: Limited Brands Communications
Sent: Monday, December 12, 2005 7:04 PM
To: Servers (All Limited Businesses)
Subject: RE: Action required: important tax
implications for all associatesPlease be advised Forms for submitting your
estimated travel days as
outlined in the message below are currently
unavailable in Access. All
other supporting documentation is accessible using
the links referenced
below. We hope to have the Access forms available
for your use as soon as
possible and will re-communicate instructions at
that time.For more information on the tax requirements
related to New York personal
income tax, please speak with your tax advisor. For
help or information
regarding your benefits or payroll, please feel
free to contact HR Direct
at 1-866-473-4728. To view a list of frequently
asked questions and
answers, please find themhttp://gtnwebp.limited.brands.com/cmsFileStore/FAQ%20v5r.htmhere.
We apologize for any inconvenience that this delay
may cause.-----Original Message-----
From: Limited Brands Communications
Sent: Monday, December 12, 2005 5:40 PM
To: Servers (All Limited Businesses)
Subject: Action required: important tax
implications for all associatesThe following message is intended for all
associates, particularly those
who may travel to New York on behalf of Limited
Brands in 2006.Overview
In April of 2005, the state of New York enacted new
tax audit guidelines
clarifying personal income tax on wages earned for
services performed
within the state by non-resident workers. Beginning
January 1, 2006,
individuals who work any amount of time in New York
State will be required
to file a New York State income tax return and pay
income tax on the days
worked.Some states, including Ohio, will provide a state
income tax credit to
compensate individuals for taxes paid to other
states. For the Ohio tax
form, clickhttp://tax.ohio.gov/documents/forms/ohio_individual/individual/2004/PIT_IT1040_2004_WFI_0205.dochere.
For instructions, click
Limited Brands will be required to provide
information to the state of New
York on all non-resident employees who work in New
York, and withhold
taxes for employees who work more than 14 days per
year in New York. All
Limited Brands associates must estimate the number
of days they will
travel to and work in NY during 2006 as part of
this process.For examples regarding the estimated impact on your
overall state income
taxes, please clickhttp://gtnwebp.limited.brands.com/cmsFileStore/Examples%20(4).htmhere.
Action Requested Next Steps
· All associates must estimate the number
of days they will travel
to and work in New York during the next calendar
year (2006) and submit
this information via Limited Brandsby December 23, 2005. If you do not travel, you
still must enter a zero
estimate in Access.· Associates who spend any time working in
New York (even less
than 14 days) have an obligation to file a personal
income tax return with
the state of New York. Please consult your tax
advisor if you have any
questions about your responsibility to file a New
York State personal
income tax return.· Associates who travel to New York for
work, for any period of
time, should read and become familiar with the new
Limited Brands policies
addressing this change. These policies can be foundhttp://gtnwebp.limited.brands.com/Newsroom/cmsArticleDetail.cfm?articleid=9532here.
· Associates will be obligated to keep
track of the days they work
in the state of New York throughout the year. If an
associates travel
situation changes, the associate is obligated to
updated estimated travel
days in Access. Limited Brands will withhold New
York State income tax
based on these estimates beginning with the first
pay period in calendar 2006.· Audits will be conducted by the Payroll
Department in
partnership with the Travel Department and HR
Direct on a quarterly basis.
If it appears that an associate has traveled more
than
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