The Bin Oregon form, officially known as the Oregon Combined Payroll Tax Business Change in Status Form, serves a crucial purpose for employers in the state. It is designed for updating the business status and employment information, detailing any significant changes such as updates to the business name, ownership, entity type, or employment status. Employers may need to attach additional sheets if the space provided is insufficient for the required updates.
For businesses in Oregon, navigating payroll taxes, ownership changes, and the regulatory landscape requires diligent attention to detail and adherence to state guidelines. The Oregon Combined Payroll Tax Business Change in Status Form serves as a crucial tool for businesses undergoing transitions that could affect their payroll tax responsibilities. Whether it’s a change in business name, ownership, or employment status, this form facilitates communication between businesses and three major state departments: the Employment Department (OED), the Department of Revenue (DOR), and the Department of Consumer and Business Services (DCBS). It addresses specifics such as updates in business information including the Oregon Business Identification Number (BIN), Federal Employer Identification Number (FEIN), and the intricacies of doing business in specialized districts like TriMet or Lane Transit. Additionally, the form covers changes in the entity type, from sole proprietorships to partnerships or corporations, and the particulars of employment status updates, such as shifts to using leased employees or changes in worker compensation insurance coverage. It’s designed to ensure that all necessary information is relayed efficiently to keep records accurate and up-to-date, reflecting any modifications in the structure or operational status of the business. With provisions for closing accounts and detailed instructions for submitting the form, it underscores the importance of clear communication with state agencies to maintain compliance and streamline administrative processes.
Oregon Combined Payroll Tax
Business Change in Status Form
Clear This Page
To update business status and employment information
Attach additional sheets if needed.
Business name
BIN (Oregon business identification number)
Owner/Officer updates:
To update owner/officer informa-
Other names (ABN/DBA)
FEIN (Federal employer identification number)
tion, attach a complete list of
current owners/officers including
position, social security number
General updates (check all that apply)
(SSN), home address, and phone.
Update/Change FEIN to:
Update/Change business name to:
Now doing business in TriMet/Lane
Transit District as of:
Closing account (check all that apply)
Closed pension/annuity account as of:
No longer doing business in TriMet/Lane Transit District as of:
All or
Part of the business was
Closed
No longer doing business in Oregon
Sold
Leased
Transferred
Was business operating at the time it was sold, leased or transferred? Yes
No Effective date:
How many employees were transferred?
Date of final payroll:
Describe what was transferred
New business name
New owner’s name
New owner’s phone
New owner’s address
City
State
ZIP code
Where are the records of the terminated business? (Include contact name, phone, address, city, state, ZIP code)
Changing entity (check all that apply)
Effective date: Note: A new Combined Employer’s Registration form, 150-211-055, is required when there is an entity change.
Change
Corporation—“C”
Corporation—Subchapter “S”
LLP (Limited Liability Partnership)
from:
Individual (Sole Proprietor)
LLC (Limited Liability Company) Recognized by IRS as:
Partnership—General
Partnership—Limited
Corporation
Sole Proprietor/Single Member
Partnership
to:
Employment status updates (check all that apply)
Still in business, but have no paid employees (corporate officers are still subject to payroll taxes). Effective date:
Only have workers’ compensation insurance
Only LLC members or officers
Only using independent contractors
to cover owners, officers or members.
Courtesy withholding
Employing Oregon residents in another state. State:
Now working in Oregon.
Effective date:
Using leased employees
Name of leasing company
Worker leasing company license number
Date employees leased
Address
Leasing company contact name
Phone
Number of leased employees:
Number of non-leased employees:
Leasing corporate officers/owners? Yes
No
Submitted by
Print name
Signature
Title
Date
Fax to: 503-947-1700 or mail to: Employment Department, 875 Union St NE Rm 107, Salem OR 97311-0030
150-211-156 (Rev. 12-16)
Business Change in Status Form Instructions
Use this form to notify the Employment Department (OED), Department of Revenue (DOR), and Department of Consumer and Business Services (DCBS) of changes to your business or employment status. Attach additional sheets if needed.
General updates
NOTE: Some federal employer identification number (FEIN) and name changes may require a new Combined Employer’s Registration, 150-211-055, form to be completed.
•Provide the correct FEIN for your business.
•Correct the business name and spelling errors as needed.
•Check the “Now doing business in TriMet/Lane Transit District” box and include the effective date if you’re an employer paying wages earned in the TriMet or Lane Transit District. You must register and file with the Oregon Department of Revenue. Wages include salaries, commis- sions, bonuses, fees, payments to a deferred compensation plan, or other items of value.
•For boundary questions, see the Oregon Combined Payroll Tax booklet, 150-211-155, for the list of cities and ZIP codes.
——The TriMet district includes parts of Multnomah, Wash- ington, and Clackamas counties. For TriMet boundary questions call 503-962-6466.
——Lane Transit District serves the Eugene-Springfield area. For Lane Transit District boundary questions call 541-682-6100.
Re-opened business
To re-open your business that you’ve closed for:
•Less than one year, file a:
—— Business Change in Status Form, 150-211-156.
•One year or more, file a:
—— Combined Employer’s Registration, 150-211-055.
For more questions contact DOR at 503-945-8091.
Employment status updates
•Check each box that applies to your business and include the effective date of change.
•If Oregon residents are working out of Oregon, indicate which state.
•Check box and indicate effective date of employees now working in Oregon that previously worked in another state.
If you lease your employees from a Professional Employer Organization (PEO)/Worker Leasing Company, fill in the information requested.
Changing entity
Include the effective date of change, check the box of the entity you’re changing from and the box of the entity chang- ing to.
NOTE: Entity changes require the completion of a new Com- bined Employer’s Registration form.
Examples include, but aren’t limited to:
•Changing from a sole proprietorship to a partnership or corporation.
•Changing from a partnership to a sole proprietorship or corporation.
•Changing from a corporation to a sole proprietorship or partnership.
•Changing of members in a partnership of five or fewer partners.
•Adding or removing a spouse as a liable owner.
•Changing from a sole proprietorship, corporation, or part- nership to a limited liability company.
Owner/officer updates
Attach a separate sheet to update or change corporate officer or owner information.
Compensation for services performed by corporate officers and shareholders is subject to payroll taxes (withholding, transit, and unemployment). If owners and officers are covered by Workers’ Compensation insurance, the hours worked are also subject to Workers’ Benefit Fund (WBF) assessment.
Fax to: 503-947-1700 or
Mail to: Employment Department 875 Union St NE Rm 107 Salem OR 97311-0030
For additional copies of this form, download at: www.oregon.gov/dor/bus or call: 503-947-1488
Closing account
•Check the box if you closed a pension and annuity account. Include the effective date of change.
•Check the “No longer doing business in TriMet/Lane Tran- sit District” box and include the effective date if you moved your business from the TriMet or Lane transit district and are no longer subject to this tax.
•Check the box if you closed the business or dissolved a sole proprietorship, partnership, corporation, or limited liability company, and no longer have payroll to report. Fill in the date of final payroll.
•If you sold your business, leased your employees, or trans- ferred your business assets, indicate whether the transac- tion applied to all or part of the business.
•If you leased all or part of the business, fill out the section “Using Leased Employees.”
NOTE: New or reorganized businesses must complete a Combined Employer’s Registration, 150-211-055, which can be found in pdf format at: www.oregon.gov/dor/bus or elec- tronically at sos.oregon.gov/business.
Keeping your business records up to date is crucial, especially when it comes to legal and tax matters. The Bin Oregon Form is your go-to document when you need to notify the Oregon Employment Department, Department of Consumer and Business Services, and Department of Revenue about any changes to your business or employment status. Whether you're updating ownership details, changing your business name, or altering your employment status, this form ensures that all relevant state departments are informed. Here’s how to fill it out correctly.
Remember, staying on top of business status and employment changes is not just about compliance—it's about protecting your business and ensuring everything runs smoothly. Make sure to double-check all information for accuracy before submitting the form. Should you have questions or need further clarification, don’t hesitate to reach out to the appropriate Oregon state department.
This form is designed for businesses to notify three key Oregon departments – the Employment Department, Department of Revenue, and Department of Consumer and Business Services – of various changes. These include updating business and employment information, changes in the business structure, ownership updates, and cessation of business operations within the state. It's a crucial step to ensure compliance with state regulations and to keep all payroll tax-related matters up to date.
Submission is required whenever there are significant changes to a business’s profile or operations. This includes, but is not limited to, changing the business name or Federal Employer Identification Number (FEIN), changing the structure of the business (for example, from a sole proprietorship to a corporation), ceasing operations either in specific districts like TriMet or Lane Transit or the entire state, or when selling, leasing, or transferring the business.
You need to attach a separate sheet listing all current owners or officers, detailing their position, Social Security Number (SSN), home address, and phone number. This is important for maintaining accurate records for tax purposes and ensuring that all individuals associated with the business are properly noted for payroll tax liabilities.
The form includes a section specifically for changing entity types. You must check the appropriate box for both the current and intended business structures and include the effective date of this change. Note that such a change also requires the completion of a new Combined Employer's Registration form to reflect the new structure accurately.
Businesses need to indicate on the form if they have started employing residents of another state or if they are using leased employees. For leased employees, specific details including the leasing company's name, license number, and contact information should be provided, along with the number of leased and non-leased employees. This information helps ensure proper tax treatment and compliance with state regulations.
When filing the Oregon Combined Payroll Tax Business Change in Status Form, accuracy and completeness are essential. However, mistakes can occur, which may delay processing and affect your business compliance. Here are five common mistakes to avoid:
Addressing these areas with care and attention to detail can prevent processing delays and ensure that your business remains compliant with Oregon's reporting requirements. Whenever in doubt, it's advisable to consult with a professional or refer to the instructions provided with the form to avoid these common pitfalls.
When managing or updating the business status in Oregon, alongside the Oregon Combined Payroll Tax Business Change in Status Form, there are several additional forms and documents that might be essential to maintain compliance with state regulations and ensure a smooth transition for any business changes. Here's a brief overview of some of these crucial documents:
Understanding each form’s role in your business operations can significantly streamline the process of updating or changing business status. Proactively managing these documents ensures not only regulatory compliance but also a more organized transition for business alterations within Oregon. For specific advice or assistance with these documents, consulting with a legal professional familiar with Oregon business regulations is highly recommended.
The Bin Oregon form shares similarities with the Federal Employer Identification Number (FEIN) Change Form, primarily because it allows businesses to update their FEIN details. This can be essential for a business that has undergone changes affecting its tax identity or structure, for instance, if it transitions from a sole proprietorship to a corporation. Like the Bin Oregon form, the FEIN Change Form requires the business to provide updated information regarding its identification and tax obligations to ensure accurate recording and processing of its federal tax responsibilities.
Another document resembling the Bin Oregon form is the Business Name Change Form, typically submitted to a state's secretary of state or equivalent department. This form is used when a business decides to operate under a new name, necessitating official updates in public and governmental records. Similarly, the Bin Oregon form includes sections for updating the business name, ensuring that the state of Oregon and relevant entities are aware of the change for compliance, regulatory, and tax purposes, mirroring the function of dedicated business name change documents in maintaining current and accurate business identification.
The Workers' Compensation Insurance Update Form is also related to the Bin Oregon form, in the context of providing information about workers' compensation coverage. Businesses are often required to report changes to their workers' compensation insurance, including coverage lapses or changes in providers, to state labor or insurance departments. The Bin Oregon form includes sections for updating employment status that could impact workers' compensation requirements, such as changes in employee numbers or the use of leased employees, similar to how changes would be reported through a workers' compensation insurance update form.
Last, the Entity Change Form, often filed with a state's business registration authority, closely aligns with sections of the Bin Oregon form that address changes in business structure or entity type. These forms are essential when a business transitions from one legal structure to another, such as from an LLC to a corporation, or from a partnership to a sole proprietorship. The Bin Oregon form facilitates these updates on a state level concerning tax and employment registration, ensuring that government records accurately reflect the current structure and tax obligations of the business, akin to the purpose of the Entity Change Form in maintaining legal and regulatory congruence.
When filling out the Oregon Combined Payroll Tax Business Change in Status Form, there are several do's and don'ts to keep in mind to ensure the process is completed accurately and smoothly. Following these guidelines helps avoid delays or issues with the form's acceptance.
By following these simple do’s and don’ts, businesses can successfully navigate the process of reporting changes to their payroll tax status to the Oregon Employment Department, Department of Revenue, and Department of Consumer and Business Services.
When it comes to updating or changing business status in Oregon, many people rely on the Bin Oregon form, officially known as the Oregon Combined Payroll Tax Business Change in Status Form. However, several misconceptions surround this document. Clarifying these misconceptions is crucial for businesses to ensure compliance and avoid potential issues with state agencies.
Misconception 1: The form is only for businesses closing down. In reality, the form serves multiple purposes, including reporting changes in business name, ownership, entity type, and employment status. It's not solely for businesses that are closing.
Misconception 2: You don't need to report a change in entity type. Contrary to this belief, any change in the entity type of a business requires the completion of a new Combined Employer’s Registration form. This crucial step ensures that the business remains compliant with state regulations.
Misconception 3: Updating corporate officer information is optional. Updating information for owners or officers is mandatory and not optional. This includes submitting current details about positions, social security numbers, home addresses, and phone numbers. Failing to do so can lead to inaccuracies in the state’s records.
Misconception 4: The form is only necessary for businesses with employees. Businesses without paid employees but still conducting operations are required to use the form for certain updates, such as changes in business structure or owner information. This ensures accurate records for compliance and tax purposes.
Misconception 5: All changes can be reported at any time with no deadline. While the form allows for the reporting of various changes, some updates may have specific deadlines or require immediate notification to avoid penalties. It's essential to understand the timing requirements associated with each type of change.
Misconception 6: Personal details of corporate officers are not subject to payroll taxes. Compensation for services performed by corporate officers is subject to payroll taxes. This includes withholding, transit, and unemployment taxes. It's a common mistake to overlook this obligation.
Understanding the correct uses and requirements of the Oregon Combined Payroll Tax Business Change in Status Form is key for businesses to ensure they remain in good standing with the state. This involves recognizing the necessity to report changes accurately and within appropriate timelines, debunking these common misconceptions.
Understanding the Oregon Combined Payroll Tax Business Change in Status Form is crucial for maintaining compliance with state regulations. Here are key takeaways to guide you through the process:
Accurate and timely updates on your business change in status form help maintain compliance with Oregon's tax laws and regulations, ensuring your business operations remain on solid legal ground.
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