November 08, 2019
New IRS Regulations for CPEOs

New IRS regulations require Extensis to start accumulating the Federal Taxable Wage Thresholds for Social Security, FUTA, and Excess Medicare on a client legal entity basis.

March 07, 2019
2019 Holiday Payroll Processing Calendar

View the 2019 Holiday Payroll Processing Calendar.

February 15, 2019
New Jersey Legislators Pass Minimum Wage Bill

New Jersey’s hourly minimum wage would rise to $10 on July 1 from $8.85.

February 15, 2019
Michigan’s New Minimum Wage to Take Effect in March

Effective March 29, 2019, Michigan’s hourly minimum wage is to rise to $9.45 from $9.25, and its tipped-worker wage is to rise to $3.59 from $3.52.

January 04, 2019
IRS Releases 2019 Percentage Method Withholding Tables

The 2019 percentage method federal income tax withholding tables were issued Dec. 11 by the Internal Revenue Service in Notice 1036.

January 04, 2019
IRS Releases Updated Withholding Form for 2019

A final, updated version of Form W-4, Employee’s Withholding Allowance Certificate, was released Dec. 11 by the Internal Revenue Service.

December 17, 2018
New Jersey Releases 2019 Employee Unemployment, Other Tax Rates

New Jersey’s unemployment insurance tax rate for employees is to be unchanged for 2019. Employee tax rates for temporary disability insurance and family leave insurance are to decrease.

December 17, 2018
New York Releases 2019 Withholding Tables

Withholding tables for New York state and the city of Yonkers were released Nov. 30. The tables implement tax rate decreases specified for 2019. 

December 17, 2018
IRS Releases Transit, Other Tax-Related Amounts for 2019

Inflation adjustments for several tax provisions for use on 2019 tax returns were released by the IRS. The monthly limit for qualified transportation fringe benefits is to increase.

December 17, 2018
IRS Releases Pension Plan Amounts for 2019

Most pension plan amounts are scheduled to increase for 2019. The contribution limit for employees who participate in Section 401(k) plans is to increase by $500.

December 17, 2018
Social Security Wage Base Increases to $132,900 for 2019

The Social Security wage base increases for 2019. The 2019 amount exceeded the SSA projection by $600.

July 05, 2018
Pennsylvania, Philadelphia Wage Tax Rates

Employers in Philadelphia are to implement reduced withholding of its wage tax from workers in the city starting July 1, 2018, the city's Department of Revenue said June 21.

March 16, 2018
IRS Releases 2018 Form W-4 and Updates Withholding Calculator

The 2018 Form W-4, Employee’s Withholding Allowance Certificate, released Feb. 27 by the Internal Revenue Service, applies the same general approach to determining withholding allowances as the 2017 form. The form retains personal allowances for 2018, although personal exemptions were eliminated in the new tax law.

December 27, 2017
Existing Employee Withholding Allowances to Be Used in New 2018 Guidance

The 2017 Forms W-4 that employees already have filed may be used by employers in conjunction with the new tax law based on upcoming guidance from the Internal Revenue Service, the agency said Dec. 26.

December 12, 2017
SSA Lowers Previously Announced 2018 Wage Base

The Social Security Administration on Nov. 27 lowered the 2018 Old-Age, Survivors and Disability Insurance taxable wage base to $128,400 from $128,700, which was announced Oct. 13.

December 12, 2017
New York Releases 2018 State, Local Withholding Tables

The 2018 withholding tables for New York state, New York City, and Yonkers were released Nov. 21 by the state's Department of Taxation and Finance.

November 03, 2017
IRS Issues 2018 Inflation-Adjusted Tax

Each year, the agency publishes inflation adjustments for more than 50 tax provisions. The latest adjustments are to be used on 2018 tax returns filed in 2019.

October 26, 2017
IRS Announces 2018 Pension Plan Adjustments

The contribution limit for employees who participate in 401(k), 403(b), and most 457 plans in 2018 is to increase to $18,500 from $18,000, the Internal Revenue Service said Oct. 19.

October 17, 2017
Social Security - OASDI Wage Base Increases to $128,700 in 2018

The Old-Age, Survivors and Disability Insurance taxable wage base is to increase to $128,700 in 2018, up from $127,200 in 2017, the Social Security Administration said Oct. 13.