Income Taxes

New and Updated

• Type:

  Editor's Choice

  Coming Soon

  Updated to include information on the forthcoming Artificial Intelligence (AI) Laws by State and Municipality chart.

• Type:

  50-State Charts

  Taxation of Supplemental Wages by State

  Updated to reflect a forthcoming rate reduction in Iowa.

• Type:

  50-State Charts

  Income Tax Withholding Requirements by State

  This chart summarizes requirements regarding which state's income tax an employer must withhold from the pay of resident and nonresident employees no matter where they perform work, even if remotely.

• 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.

• Type:

  Employment Law Guide

  Withholding Taxes: Alabama

  Updated to reflect amendments to the overtime pay exemption, effective October 1, 2024.

• Type:

  Checklists

  Coronavirus (COVID-19): Claim the Employee Retention Credit (ERC) Checklist

  Updated to reflect information on how to respond to or appeal an ERC disallowance letter.

• Type:

  Legal Timetable

  Rhode Island Employment Tax Exemption for Nonresident Disaster Response Employees and Employers Takes Effect

• Type:

  Employment Law Guide

  Withholding Taxes: Rhode Island

  Updated to reflect a tax exemption for nonresident disaster response workers and employers, effective June 24, 2024.

• Type:

  50-State Charts

  Income Tax Withholding Reciprocal Agreements and Other Exemptions by State

  Updated to reflect an exemption for nonresident disaster response workers and employers in Rhode Island, effective June 24, 2024.

• Type:

  50-State Charts

  Internal Revenue Code Conformity by State

  Updated to reflect a changed IRC reference date in Arizona, effective July 20, 2024.