Macy’s has an online platform specifically made for the employees of both Macy’s and Bloomingdale. Actually, it is not only able to be accessed by the current employees but also the former employees. Once again, just like a new employee, the former employee is also to access Macy’s Insite portal. How is it possible? What should be done to access the portal? Everything that you want to know will be featured below, so please keep reading until you reach the last word.
How to Access the Macy’s Insite Portal
- The first thing that you need to do is no other than to visit the official webpage of Macy’s Insite at https://hr.macys.net/insite/common/logon.aspx.
- When you are there, you will be asked whether you are the employee who is currently working at Macy’s or a former employee of the company. Since you are a former employee, please choose the latter one.
- After choosing between one of them, the next thing is to add your 8-digit employee ID and the network password. Do not forget that password is case sensitive. Before moving on to the next step, it is important for you to make sure that the employee ID and password that you just typed are correct. If you are not sure, it is better for you to re-type. Once you are sure with everything, it is time for you to click on the Log In button that is found under the space you just add login credentials.
- After the confirmation, you will be taken to a page that is full of instructions. As the user, it is a must for you to read every single word. The temporary security password that is assigned to you will be able to be unlocked. In case you forgot your password, you are recommended to choose the option that says Forgot Password?.
- In this step, the registration or forgot password process will be done and you will be able to see a login webpage opened, asking you to enter the employee ID and the password. It is time for you to log in on https://hr.macys.net/insite/common/logon.aspx after the registration process.
- It is a must for you to click on the sign in option and go to the home page after everything is done.
- Lastly, the webpage will ask you to enter the employee ID and network password. After entering these two things, you are able to access your Macy’s Insite account.
Once you are signing in, you will be able to taste a lot of services provided by Macy’s Inc. One of the perks of signing in is the ability to view or download W2. What is W2? Have you ever heard about this term before reading this post? If you have no idea about it, this post comes to rescue.
W2 form refers to one of the most frequently used forms by taxpayers. If it is your first time hearing the term, you might have heard it by some other names, which are the Wage and Tax Statement. This kind of document is filled by an employer for their employees. Despite having a short size, it is really valuable as it has important information that is needed to complete tax return forms.
It is a must for the W2 form to be copied. One of them is held by the employee, one is for the Social Security Administration, and one is given to the local state tax department. Apparently, the last three copies are with the company so that all forms are kept in either paper or digital storage for four years in case of tax audit. The Social Security Administration needs this form so that they can review it and can be informed about the employee payments. It can be fatal if the information that is given is incorrect as it can lead to issues with both the IRS and SSA. In this case, please make sure to provide the correct, up to date, and relevant information.
In order to prevent these issues from happening, the company should make a rule that requires the employees to inform them about any changes to their address, legal name, marital status, and so on. The sooner the employees inform the company the better. It is really effective to get the accurate details for every employee of the company so it can make the process of completing the documents easier.
Talking about the form named W2, keep in mind that it is only able to be filed by officially hired individuals. Each contractor, the independent one, who is meant to give the services to the company but is not employed, needs to file forms with another tax return. It is a must for these kinds of people to carefully track their payments. The reason is because they are the only ones that are responsible for reporting them to the local IRD department.
The format of the W2 form usually includes:
- The full name of the business or company
- The complete address of the office with the ZIP code
- The correct employer identification number
- The state ID number and control number
- The details of the employee, including the first and last names with initials together with full mailing address and ZIP code. The part that has the taxes is more complicated and is subdivided into a number of separate cells, itemizing general and certain payments and tips.
Apparently, each item in the W2 form has its own name for better navigation inside the form. There are three main parts of the document, which include:
- The first part: General Details, which includes the details about the company and the hired employee.
- The second part: Tax Payment Details, which consists of itemized financial information boxes.
- The third part: State Tax Payment Details, the one that is used to provide the details about state taxing.
To know more about W2 form, some good reads can be found at here.