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AGENDA BEACON HILL WATER AND SEWER DISTRICT BOARD OF COMMISSIONERS SPECIAL MEETING TO BE HELD AT THE DISTRICT OFFICE Friday, May 24, 2013 1) Minutes of April 12, 2013, Special Meeting 2) Audience
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BHWS stands for Business Income with Holding Statement. It is a tax form used by businesses to report their income and withholding taxes.
All businesses that have employees and pay wages subject to withholding taxes are required to file BHWS.
BHWS can be filled out manually or electronically using the appropriate tax forms provided by the tax authority.
The purpose of BHWS is to report the income earned by the business and the amount of taxes withheld from employee wages.
Information such as business income, employee wages, and withholding taxes must be reported on BHWS.
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