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The Missouri Department of Revenue is a U.S. state government agency in Missouri created under the Missouri Constitution in 1945, which is responsible for ensuring the proper functioning of state and local government through the collection and distribution of state revenue, and administration of state laws governing driver licensing, and motor vehicle sale and registration. [1]
The Missouri Department of Revenue administers and collects the income and sales taxes, including local sales taxes, whereas property taxes are entirely administered by local jurisdictions. In addition to the aforementioned taxes, excise taxes are imposed on cigarettes and tobacco products, motor vehicle leases, and locally administered income ...
Form W-2 (officially, the "Wage and Tax Statement") is an Internal Revenue Service (IRS) tax form used in the United States to report wages paid to employees and the taxes withheld from them. [1] Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship.
SECA requires self-employed individuals in the United States to pay Social Security and Medicare taxes. [14] If a self-employed individual has net earnings of $400 or more in a tax year, they are generally required to pay SECA taxes. Self-employed individuals are responsible for paying both the employer and employee portions of these taxes.
The state treasurer is responsible for managing more than $24 billion in annual revenues and more than $3.6 billion in state investments. [1] Additionally, the state treasurer works to return nearly $700 million in unclaimed property to more than 4.3 million account owners. [2]
Wayne Wallingford (born July 11, 1946) is an American politician who has served as Director of the Missouri Department of Revenue since January, 2022, and previously served as a member of the Missouri House of Representatives from the 147th district. [1] [2] He previously served as a member of the Missouri Senate from 2013 to 2021. [3]
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