If an employee wants to make changes to their withholding, direct deposit, home address, or is LST Exempt, the documents you need for your records are below. The employee change form can be used to send us these changes securely. Have the employee prepare the necessary forms and this information can then be used to prepare and submit the “Employee Change Form”. Keep in mind, if you utilize our HUB service, employees can change their W-4, direct deposit, and address all right there. Click HERE to see how.
Form W-4 does not need to be updated every year. However, employees should provide a new W-4 to their employer any time they want to make a change to their withholding.
Form W-4 can feel very complicated to fill out. Please use this link to go to a W-4 calculator. You may also want to consult your tax preparer for advice.
This form is required if the employee enrolls in direct deposit, but is not required otherwise. Anytime an employee makes a change, the new form should be prepared. This form can be securely remitted to PaySmart from right on this site. The employee must provide the employer’s name. ALL direct deposit changes are prenoted for verification. The employee will receive a live check until the account has been cleared.
Depending on the employer’s location, a Local Services Tax (LST) is deducted from each employee’s check. The amount can vary depending on the employer’s location. In most areas, LST is $52.00 divided over the number of pay periods in the year (biweekly pay is $2.00=$52/26). An employee is only required to pay LST totaling $52.00 in one location. If the employee has two jobs, they may be LST Exempt and should complete the LST Exemption Form.