South Carolina issues 2017 withholding tax tables reminder
The South Carolina Department of Revenue (DOR) has issued an information letter reminding employers, withholding agents, and individual taxpayers that the personal income withholding tax tables have...
View ArticleUSCIS has issued the new Form I-9
USCIS has issued the new Form I-9. Employers may continue using Form I-9 dated 03/08/2013 N. through January 21, 2017. Beginning January 22, 2017, employers must use the revised form. Employers should...
View ArticleMissouri’s minimum wage will increase to $7.70 January 1
The Missouri Department of Labor and Industrial Relations announced on November 15, 2016, that the minimum wage in Missouri will increase to $7.70 per hour effective January 1, 2017. All businesses...
View ArticleDistrict of Columbia releases MyTax.DC.gov user sign-up guide
The District of Columbia Office of Tax and Revenue has released a user sign-up guide that provides a step-by-step tutorial for taxpayers to sign up for its new web tax portal MyTax.DC.gov. Although...
View ArticleKentucky issues 2017 withholding tables
The Kentucky Department of Revenue has issued personal income tax withholding tables and a withholding computer formula for employers subject to wage withholding requirements for the 2017 tax year....
View ArticleMinnesota issues 2017 withholding tables
Minnesota has issued the 2017 wage-bracket and computer formula withholding tables. All of the tables will be reproduced in the Payroll Management Guide at ¶6778 and ¶6779 in a future release. (2017...
View ArticleIRS releases 2017 wage amounts exempt from levy
The IRS has released the 2017 wage amounts that are exempt from levy. The figures, which are reproduced in this Report Letter on page 11, are issued annually as part of IRS Pub. 1494. The figures will...
View ArticleIRS updates substitute forms W-2/W-3 guidance
The IRS has released the general rules for filing and reproducing paper substitutes for Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, for wages paid during...
View ArticleCalifornia issues 2017 withholding tables
California has issued withholding tables, effective for wages paid on and after January 1, 2017. All of the tables will be reproduced in the PAYROLL MANAGEMENT GUIDE at ¶5498 and at ¶5499 in a future...
View ArticleNorth Carolina issues 2017 withholding tables
North Carolina has issued withholding tables for wage paid on and after January 1, 2017. The tables have been revised to reflect legislative changes which increase the standard deduction amount and...
View ArticleInterest rates remain the same for the first quarter of 2017
The IRS today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2017. The interest rates will remain at 4% for overpayments (3% in the case of a...
View ArticleCongress passes small business HRA bill
The Senate on December 6 passed the 21st Century Cures Bill (HR 34). The bill passed in the House on November 30 (see PAYROLL MANAGEMENT GUIDE Report Letter 1482/2483, dated December 6, 2016.) The...
View ArticleBipartisan Cures Act permits certain small business HRAs
President Obama signed into law the 21st Century Cures Act (HR 34) on December 13. The Senate on December 7 passed the bill by a 94-to-5 vote. The bill passed in the House on November 30 by a...
View ArticleCongress passes bipartisan Veterans Tax Fairness Bill
The Senate passed the Combat-Injured Veterans Tax Fairness Act of 2016 (HR 5015) on December 10. The House passed the bill on December 5. President Obama is expected to sign the measure. HR 5015 will...
View ArticleIRS issues decreased 2017 mileage rates
The IRS issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1,...
View ArticleFifth Circuit expedites review of ruling blocking overtime rule
The FLSA overtime rule that has been the focus of many forecasts since President-elect Donald Trump appears to have announced fast-food CEO Andrew Puzder as his pick for Secretary of the Department of...
View ArticleNorth Dakota issues 2017 withholding tables
North Dakota has issued wage-bracket and percentage method withholding tables for wages paid on and after January 1, 2017. The annual exemption amount is $4,050. The supplemental wage rate remains...
View ArticleIdaho updates withholding pub; no new tables
Idaho has updated its withholding publication. The filing date for Form 967 and W-2s was updated to January 31. All of the tables are reproduced in the PAYROLL MANAGEMENT GUIDE at ¶5878 and ¶5879....
View ArticleIllinois updates withholding publications
The Illinois Department of Revenue has updated two informational publications that provide guidance on personal income withholding tax payment and reporting requirements. Technical changes have been...
View ArticleNew York increases administrative and executive exemptions for 2017
New York will usher in the New Year with changes to the salary threshold at which those who work in an administrative or executive capacity will be considered exempt from state wage and hour...
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