Payroll Taxes

New and Updated

• Type:

  Legal Timetable

  Ohio Permits Unemployment Insurance Common Paymaster Reporting

• Type:

  Employment Law Guide

  Unemployment Insurance Tax (FUTA/SUTA); Workers' Compensation Payroll Tax: Ohio

  Updated to reflect a rule permitting common paymaster reporting, effective January 1, 2025.

• Type:

  Editor's Choice

  January 1, 2025: Employers, Act Now Before New Compliance Requirements Take Effect

  Updated to include New York Equal Rights Amendment and law regarding digital replica usage in employment agreements.

• Type:

  Employment Law Guide

  New Hire Paperwork: Maine

  Updated to reflect notice requirements under the paid family and medical leave law, with contribution collections effective January 1, 2025.

• Type:

  Employment Law Guide

  Withholding Taxes: Kentucky

  Updated to reflect the expiration and removal from this article of exemptions for nonresident disaster response employers and employees on December 31, 2024.

• Type:

  Legal Timetable

  IRS Increases Business Vehicle Standard Mileage Rate, Lowers Valuation Limitation

• Type:

  Employment Law Guide

  Depositing and Reporting Withheld Taxes: Delaware

  Updated to reflect inflation adjusted deposit thresholds, effective January 1, 2025. 

• Type:

  Employment Law Guide

  Withholding Taxes: Nebraska

  Updated to reflect amended nonresident compensation sourcing rules, effective January 1, 2025.

• Type:

  Employment Law Guide

  Unemployment and Temporary Disability Insurance Taxes (FUTA/SUTA/TDI); Temporary Caregiver Insurance (TCI): Rhode Island

  Updated to reflect the amended temporary caregiver insurance (paid family leave) wage replacement benefit period, effective January 1, 2025.

• Date:

  November 5, 2024

  Type:

  News

  401(k) Maximum Going Up to $23,500 Next Year

  The IRS has released its 2025 cost-of-living adjustments (COLAs) to benefits and contributions to qualified retirement and deferred contribution plans.