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Payroll & Tax Updates |
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Did your state change tax laws this year? Have any federal laws changed recently? Need to know where to go for the latest tax forms? What's the latest on new hire reporting? Check out what we have found for you.
Searching through the massive amounts of payroll and tax information available in government and information service databases to find significant facts can be difficult. To simplify this process, Ultimate Software's tax research department condenses data from many sources on federal, state, and local levels and makes significant details available here for your convenience. Our goal is to select and consolidate important tax information, potential key tax changes, and pending legislation that affect you and your employees. |
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Tax Updates |
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Stay current on tax developments by reviewing recent employer/employee tax updates summarized by Ultimate Software's tax research department. The data has been condensed from many sources and separated into federal, state, and local levels for easier reviewing.
• Federal: Are you aware of the most recent federal tax changes?
• State: Has your state recently changed its tax laws? Find out here.
• Local: Because there are so many jurisdictions, it’s hard to keep up with local tax changes. Find a summary of recent local tax changes here.
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 - Recent News |
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| New Federal minimum wage laws went into effect on Monday, July 24th. At that time, most employers were required to display the new minimum wage increases in a conspicuous location in the workplace. Companies that are subject to the Fair Labor Standards Act's minimum wage provisions were required to post the new rates by that date, which is the date of the first of three incremental increases in the Federal wage standard. This is the first time the Federal minimum wage has increased in 10 years. The new rate of $7.25 per hour will be implemented in three phases: The first increase to $5.85 per hour became effective on July 24th; the second increase to $6.55 per hour takes place exactly one year later; and the third increase to $7.25 per hour goes into effect on July 24, 2009. To view or download a poster that explains the new Federal minimum wage law to employees, go to http://www.dol.gov/esa/regs/compliance/posters/flsa.htm. |
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