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1 FEBRUARY 2013 Vol. 38, # 2 Washington Amateur Communications Inc. THE WACO HAM Come to the WACO 2013 Sportsman Show Special Event Station! INSIDE THIS ISSUE: WACO Presidents Message2 Expedition
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Form WACOM HAM stands for Withholding Tax on Compensation for Minimum Wage Earners. It is a form used to report and remit withholding taxes on compensation of minimum wage earners.
Employers who have minimum wage earners as employees are required to file Form WACOM HAM.
Form WACOM HAM can be filled out manually or electronically by providing the necessary information such as the employee's details, compensation, and the withholding tax amount.
The purpose of Form WACOM HAM is to ensure that the correct amount of withholding tax is deducted from the compensation of minimum wage earners and remitted to the tax authorities.
The form requires information such as the employee's name, Tax Identification Number (TIN), compensation amount, and the withholding tax calculated.
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