Kentucky Income Tax Forms Requisition - Kentucky Department Of Revenue

A REVENUE PUBLICATION FOR THE TAX PROFESSIONAL

November 2011, Vol. 30, No. 5

Cabinet Mary Lassiter co-chaired the website’s development

WEBSITE LAUNCHED TO BETTER SERVE BUSINESSES

committee, which included representatives from all state

Site to streamline process to register, operate a business

agencies that interact with Kentucky businesses.

On Oct. 17, 2011 the Kentucky Business

Several members of the business community advised the

One Stop, , website

development team during the creation of the website and

was launched in an effort to better

will continue to be partners with the Commonwealth as

serve the business community

future features to the website are implemented.

across the Commonwealth. The

new website will be particularly

Several other states have developed similar successful

helpful for those starting small

websites, including Michigan, Ohio, South Carolina and

businesses, about 90 percent of

Virginia. Kentucky was able to work with these states during

the businesses in the state.

the creation of its website.

The Kentucky Business One Stop – – is

2012 STANDARD DEDUCTION

an interactive web portal designed to provide faster, friendlier,

more reliable and cost-effective state government services to

In accordance with KRS 141.081(2) (a), the Kentucky

businesses.

DOR adjusts the standard deduction on an annual

basis. The standard deduction for 2012 is $2,290. The

The website, created by Senate Bill 8, features a link to the

online tax tables effective for pay periods ending on or

Secretary of State’s ofﬁ ce allowing citizens to register a new

after Jan. 1, 2012 may be viewed at:

business online, while at the same time, providing a convenient

way to communicate and interact with the Department of

Revenue (DOR). A common sense guide is provided to walk

businesses through all the steps needed at the state and local

TABLE OF CONTENTS

levels to start a business in Kentucky.

Website Launched to Better Serve Businesses ......1

Information is also provided on the website concerning

2012 Standard Deduction ........................................1

economic development incentives, employee insurance

information and business counseling expertise.

New Integrated Tax Payment Solution (TPS)

for ACH Tax Payments .......................................2

“Throughout my administration, we have found numerous

Estimated Tax Payment Deadlines .........................2

ways to make navigating state government much easier for

Kentucky’s business community. Now with the launch of the

Employers Encouraged to Release Forms

W-2/K-2 Early .....................................................2

Kentucky Business One Stop, we have created yet another

avenue to strengthen this relationship,” Gov. Beshear said.

W-2 Processing .........................................................2

“This website will serve as a single, uniﬁ ed access point for

Reporting Economic Incentive Credit on W-2s .....2

businesses to ﬁ nd information on planning, starting, operating

or expanding a business right here in the Commonwealth.

Department of Revenue Sets 2012 Tax

Interest Rate ........................................................3

Putting all of this information in one place is a huge step in

the right direction to save our businesses time and money.”

What's New in Pass-Through..................................3

The Beshear administration worked with business leaders and

DOR Ofﬁ ces Closed for Holidays ...........................3

Secretary of State Elaine Walker and her staff to develop the

2011 Kentucky Income Tax Forms Requisition .....4

website. Walker and Secretary of the Governor’s Executive

Kentucky Income Tax Forms Requisition - Kentucky Department Of Revenue - 2011

Related Articles

Related forms

Related Categories