LRM-2000 Laboratory Resources Management

W-4 Federal and State Tax Withholding	Next>>

Acquiring, reviewing and processing federal and state tax withholdings and its continuing maintenance every year upon employee's marital and family status changes can be challenging, tedious and labor intensive process. LRM-2000’s graphical W-4 Federal and State Tax Withholding setup board allows plan administrators to instantly access all tax withholding related information, review employee's federal and state tax withholding status in a tabular format and approve by a simple point-and-click. Upon approval, tax withholding related information is automatically routed to accounting and human resources departments for further processing.

1. Employees enter their federal and state tax withholding information, using a secure, password protected, W-4 and State Tax Witholding data entry screen. Upon completion of data entry, they submit for approval by a simple point and click.
2. Administrator upon login is reminded about "Tax Withholding Waiting Approval". Administrator reviews and approves W-4 enrollment, W-4 changes, .. etc. individually or as a group.
3. Approved W-4 withholding forms are automatically routed to human resources and accounting departments.