Vision Payroll

April 16, 2011

New Mexico Governor Martinez Vetoes Higher Unemployment Tax Rates

Filed under: News — Tags: , , , , — Vision @ 7:01 pm
Governor Susana Martinez
Governor Susana Martinez
On April 8, 2011, Governor Susana Martinez vetoed portions of HB 59. The portion vetoed would have changed the contribution schedule from a floating schedule for 2012 to Schedule 3.

Schedule 3 Seen as Counter-Productive

According to Governor Martinez, “I do not support increasing job-killing taxes on small businesses while we are struggling to recover from a recession. Making it more expensive for small businesses to hire people would be counter-productive to our efforts to put more New Mexicans back to work.”

Protection of the Solvency of the Unemployment Fund Is a Priority

Governor Martinez also indicated support for returning to Schedule 1 for 2012. “I have already begun working with members of the legislature on a plan that will protect the solvency of the fund and keep the contribution rate locked at Schedule 1, in order to help small businesses create more jobs. I intend to include this issue on the agenda for the upcoming special session on redistricting. I seek a bi-partisan solution that will protect the solvency of the Unemployment Fund without crippling job growth.”

Contact Vision Payroll for Further Information

Contact Vision Payroll for further information on changes to New Mexico unemployment taxes.

April 12, 2011

New Mexico Adopts Amendments To UIFSA Statutory Framework

Governor Susana Martinez
Governor Susana Martinez
New Mexico Governor Susana Martinez recently signed SB 284, which amends the existing the Uniform Interstate Family Support Act (UIFSA) statutory framework as required by the ratification of the Hague Family Maintenance Convention by the United States Senate in September 2010. These changes will allow New Mexico to work international child support cases with more nations.

UIFSA Amendments Are Mandated by the Federal Government

UIFSA is the basis for establishing and enforcing child support obligations in interstate cases. For many years, the United States has been negotiating with other nations to enhance the ability of states to work international child support cases. In September 2010, the U.S. Senate ratified the Hague Family Maintenance Convention, to which over 70 countries are signatories. The amendments to UIFSA that are contained in this bill are mandated by the federal government and must be enacted by all states and territories within by 2012.

Enactment of SB284 Ensures Compliance

The enactment of SB 284 ensures that New Mexico’s Child Support Enforcement program remains in compliance with federal requirements and will allow CSED to more efficiently process international child support cases with more nations than it does currently.

Contact Vision Payroll for Further Information

Contact Vision Payroll for further information on the changes to the New Mexico UIFSA statutory framework.

September 14, 2010

New Mexico Unemployment Wage Base to Increase to $21,900

Filed under: News — Tags: , , , , — Vision @ 9:48 am
New Mexico Department of Workforce Solutions Secretary Ken F. Ortiz
New Mexico Department of Workforce Solutions Secretary Ken F. Ortiz
Secretary Ken F. Ortiz of the New Mexico Department of Workforce Solutions has announced an increase in the taxable wage base for 2011. The wage base will increase from $20,800 for 2010 to $21,900 for 2011.

Find Out the Wage Base for All States by Visiting the Vision Payroll Unemployment Taxable Wage Base Page

Contact Vision Payroll if you have any questions on the New Mexico unemployment taxable wage base or visit our Unemployment Taxable Wage Base page.

October 11, 2009

New Mexico Unemployment Wage Base to Decrease to $20,800

Filed under: News — Tags: , , — Vision @ 1:39 pm

Secretary Ken F. Ortiz of the New Mexico Department of Workforce Solutions has announced a decrease in the taxable wage base for 2010. The wage base will decrease from $20,900 for 2009 to $20,800 for 2010. Contact Vision Payroll if you have any questions on New Mexico unemployment taxable wage base or visit our Unemployment Taxable Wage Base page.

October 4, 2008

US Department of Labor Files Suit to Recover Overtime Wages

Following an investigation, the US Department of Labor has filed a lawsuit seeking more than $5 million in underpaid overtime. The suit was filed against CEMEX, Inc., a Houston-based provider of cement and concrete products. Employees in Arizona, California, Florida, Georgia, New Mexico, North Carolina, South Carolina, and Texas were allegedly underpaid overtime hours for piece rate and incentive bonus pay. The Fair Labor Standards Act (FLSA) requires that employees eligible for overtime be paid at one and one-half times their regular rate of pay, which should include most commissions, bonuses, and incentive pay. Vision Payroll provides a continuing series on the FLSA, but you should contact your labor attorney with specific questions on overtime hours and pay rates.

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