Category Archives: Informational Posting

Compliance Update – USCIS issues Form I-9

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AMERICAN PAYROLL ASSOCIATION
Compliance Update

USCIS Issues Long-Awaited Revision of Form I-9

U.S. Citizenship and Immigration Services (USCIS) has issued a long-awaited revision of Form I-9, Employment Eligibility Verification. This new form has grown from one to two pages, while the instructions have expanded from four to seven pages. The form has a revision date of March 8, 2013, and an expiration date of March 31, 2016, and is available on the APA website at info.americanpayroll.org/pdfs/fpi/13c08-fi-9.pdf. Continue reading →

Compliance Update – IRS Issues 2013 Withholding Tables

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AMERICAN PAYROLL ASSOCIATION
Compliance Update

Payroll in 2013 – Higher Social Security Tax Rate; New Withholding Tables

On January 2, 2013, President Barack Obama signed into law the American Taxpayer Relief Act of 2012 (ATRA 2012; H.R. 8). The new law permanently fixes income tax rates at the levels established by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA, Pub. L. 107-16) that were extended through 2012, except for a new higher rate for certain high income taxpayers, thus temporarily at least avoiding the so-called “fiscal cliff.” Continue reading →

Compliance Update January 1, 2013

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AMERICAN PAYROLL ASSOCIATION
Compliance Update

Employers Should Use 2012 Withholding Tables Until 2013 Tables Are Available; Other Changes Take Effect January 1, 2013 

President Obama and Congress continue to be divided about how to avoid the “fiscal cliff” caused by the simultaneous expiration of the Bush-era tax cuts and the implementation of deep cuts in federal government spending scheduled to take effect January 1, 2013. Because of the failure to resolve the fiscal cliff problem and the underlying uncertainty as to what the income tax rates will be in 2013, the Treasury Department has not issued withholding tax tables for 2013 or any other official guidance on how employers should proceed. Continue reading →

WI SIMPLIFIES HEALTH INSURANCE TAX LAW FOR ADULT CHILDREN

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 Fri Nov 11, 2011 7:07 pm

WISCONSIN SIMPLIFIES TAX LAW FOR HEALTH INSURANCE BENEFITS FOR ADULT CHILDREN.

On November 4, 2011 Governor Scott Walker signed legislation that federalizes the Wisconsin income tax treatment of employer-provided health insurance benefits for non-dependent adult children under age 27 on December 31.

The law is retroactive for Wisconsin to January 1, 2011. See the attached press release:

http://www.revenue.wi.gov/news/20111107_01.pdf

and article

http://www.revenue.wi.gov/taxpro/news/111107.html

DECEMBER 2010 WITHHOLDING TAX UPDATE

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Wed Dec 08, 2010 9:48 pm

The December 2010 Withholding Tax Update has been posted to the Department of Revenue’s Web site. Click on revenue.wi.gov/ise/with/10-1.pdf to access the report, which summaries important withholding tax information. The articles in the report are as follows:

Filing Frequency Changes
Reminder – Use Your Withholding Tax Account Number
Withholding Deposit Report (WT-6) Filing Options
Annual Reconciliation Filers (WT-7)
W-2 Electronic Filing
Federal Wage Statements and Information Returns
Information Related to Health Care Benefits for Children under 27
Current Withholding Tax Rates to Apply for 2011
Late Filing Fee Increase
Income of Military Spouse Exempt
Advanced Earned Income Credit Payment Eliminated
Pass-Through Entities: Quarterly Estimated Payments
Reminder for Employers Who Contract with a Professional Employer Organization (PEO) for Employees