On Wednesday, Dec. 23, the City of Kansas City, Mo. notified taxpayers of tax-related changes that begin January 1, 2021.
“We want Kansas City, Missouri, taxpayers to be ready to make the necessary adjustments,” according to the press release.
Here are the new requirements that will affect taxpayers and businesses for the upcoming tax year:
All withholding returns must be filed electronically. If you don’t file electronically, you may be penalized. Included in this requirement are the Employer’s Quarterly Return of Earnings Withheld (Form RD-110), the Employer’s Annual Reconciliation of Earnings Tax Withheld (Form RD-113), and submission of W2 records.