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We propose to amend our rules on processing employers' annual wage reports by adding electronic filing and removing magnetic media as a means of wage reporting. We also propose to revise our rules to remove the threshold percentage for when we will not accept an employer's wage reports submission. We propose to provide instead that if a "significant number" of an employer's electronic wage reports contain incorrect employee names or Social Security Numbers (SSN) or do not include SSNs, the employer must correct and resubmit the reports. We propose to provide general notice to employers of our threshold for what constitutes a "significant number" of incorrect wage reports. We also propose replacing outdated references and instructions to reflect current reporting requirements. These proposed changes would update our regulations and provide us with additional flexibility that will allow us to process wage reports more efficiently. Finally, we are making some stylistic changes that do not affect the policy.