IRS issues guidance on health care reform reporting

The IRS issued interim guidelines on information reporting to employees of employer-sponsored health coverage as required under Code Sec. 6051(a)(14). Form W-2, Wage and Tax Statement, is the form used by the employer to inform employees of the cost of their health care coverage. The guidance generally applies to year 2012 Forms W-2; however, employers […]

Yonkers NY withholding tables released

New Yonkers, New York withholding tables have been released effective for wages paid on and after May 1, 2011. The tables were revised to reflect recent tax legislation (see CCH Payroll Management Guide Report Letter 2192, dated March 29, 2011). Effective May 1, 2011, the Yonkers resident supplemental withholding rate will be 1.70975%. In addition, […]

Maine amends its UI law regarding extended benefits

Maine’s Employment Security Law has been amended as follows: Extended benefits triggers. In addition to the conditions already provided in the Maine UI law, there is a state “on” indicator for a week in the period beginning December 19, 2010, and ending on or before December 31, 2011, or until the date established in federal […]

Hawaii amends its UI law regarding the Employment and Training Assessment

Hawaii’s Employment Security Law has been amended as follows: Employment and Training Assessment. For 2011 only, all employers will be subject to the Employment and Training Assessment. Beginning again in 2012 (as in 2010 and previous years), employers assigned the minimum rate of 0.0% or the maximum rate of 5.4% will be exempt from this […]