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2008 Form W-2 Tips, Part 5, Box 4 Social Security Tax Withheld
This is one in a continuing series on the 2008 Form W-2, Wage and Tax Statement, which employers must generally furnish to employees no later than February 2, 2009. Forms mailed on the due date are...
Unemployment Rate Rose to 7.2 Percent in December
Nonfarm payroll employment declined sharply in December, and the unemployment rate rose from 6.8% to 7.2%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Payroll...
Idaho Unemployment Wage Base Increases to $33,200
Roger B. Madsen, Director of the Idaho Department of Labor announced recently that the 2009 unemployment wage will increase from $32,200 to $33,200. In addition, tax rates (including the workforce...
Question of the Week: Why Did My State Unemployment Rate Change?
This week’s question comes from Rob, a business owner. I paid all my federal and state unemployment taxes and didn’t lay anyone off. Why is my unemployment rate going up? Answer: Generally, your...
Unemployment Insurance Weekly Claims Report Update for January 3, 2009
According to the US Department of Labor, in the week ending January 3, the advance figure for seasonally adjusted initial claims was 467,000, a decrease of 24,000 from the previous week's revised...
Tip of the Week: Resolve to Get Up-to-date on Top 2009 Employment Law Topics
This New Year’s you may have resolved to lose more weight, spend more time with family, or be nicer to your payroll service. Hopefully, you haven’t broken all those resolutions yet. It’s not too...
2008 Form W-2 Tips, Part 4, Box 3 Social Security Wages
This is one in a continuing series on the 2008 Form W-2, Wage and Tax Statement, which employers must generally furnish to employees no later than February 2, 2009. Forms mailed on the due date are...
Birthday of Martin Luther King, Jr. Holiday May Require Change in Processing Schedule
Monday, January 19, 2009 will be the Birthday of Martin Luther King, Jr., a federal holiday. Although the offices of Vision Payroll will be open and payrolls will be processed, most banks will be...
Illinois Unemployment Wage Base to Increase to $12,300
Maureen T. O’Donnell, Director of the State of Illinois Department of Employment Security announced recently that the 2009 unemployment wage base has increased from $12,000 to $12,300. O’Donnell,...
IRS Releases 2009 Form W-5
The Internal Revenue Service (IRS) recently released 2009 Form W-5, Earned Income Credit Advance Payment Certificate. There are four criteria for claiming advance earned income credit (EIC)...
