APS April Compliance Updates

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FEBRUARY, 2019

HR
PAYROLL
COMPLIANCE

APS February Compliance Updates

APS reports on relevant, impactful compliance updates each month to help keep you at the top of your compliance game. Updates this month include the release of state unemployment wage bases, state withholding tables and methods changes, and updates to state electronic filing rules. Here are your February compliance updates:

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IRS Releases Post-Shutdown Compliance Guides

The IRS released guidance for taxpayers as the agency continued to resume normal business operations after the government shutdown. The IRS has provided guidance on audits, collections, appeals, tax filing for individuals, tax court, and the taxpayer advocate service.

2019 State Unemployment Wage Bases

2019 State Unemployment Wage Bases

Seven states have announced their unemployment taxable wage bases for 2019. The following states have SUTA wage base changes for 2019:

  • District of Columbia - $9,000
  • Florida - $7,000
  • Massachusetts - $15,000
  • Mississippi - $14,000
  • New York - $11,400
  • Puerto Rico - $7,000
  • Virginia - $8,000

For more updates on state unemployment wage base changes, visit our SUTA Wage Bases page.

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2019 State Unemployment Tax Rates

2019 State Unemployment Tax Rates

The following states have announced their 2019 unemployment tax rates:

New Jersey

Out-of-state employers and employees working in disaster recovery areas in New Jersey will be exempt from state and unemployment taxes and income tax withholding.

New York

New York’s unemployment tax rates will be the following:

  • 0.6 percent to 7.9 percent for experienced employers including a subsidiary tax with rates from 0.525 percent to 0.925 percent and a reemployment-services contribution of 0.075 percent.
  • 3.2 percent for new employers including a subsidiary tax rate of 0.625 percent and a reemployment-services contribution of 0.075 percent.

Mississippi

Mississippi’s unemployment tax rates will be the following:

  • 0.2 percent to 5.6 percent for experienced employers.
  • 1.2 percent for the first year, 1.3 percent for the second year, and 1.4 percent for the third year for new employers.

A workforce investment and training surtax of 0.2 percent will be added to unemployment tax rates for 2019.

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2019 State Withholding Tables and Methods

2019 State Withholding Tables and Methods

The following states have announced their 2019 withholding tables and methods:

California

The state released a new version of Form DE 4 (Employee’s Withholding Allowance Certificate) for 2019. The form’s new version contains updates on the instructions to show California’s tax brackets for 2019 and the updated allowance value of $129.08.

Kentucky

Kentucky has released the state’s 2019 Form K-5C (Corrected Report of Kentucky Withholding Statements) to be used for making corrections to Form K-5 (Kentucky Withholding Statements). Form K-5C allows employers to make corrections to information on Form K-5 that includes tax reported, employee information, social security numbers, state wages or payments, state tax withheld, and last names.

Vermont

Vermont released a revised version of Vermont’s Form W4-VT (Employee’s Withholding Allowance Certificate) for 2019. The new version includes an allowances worksheet to determine how many allowances to claim and allows employees to claim exemption from Vermont withholding.

Wisconsin

The state’s business tax deadline for Forms W-2 (Wage and Tax Statement) has been extended to February 4, 2019, due to the severe cold weather that affected the state in January.

2019 Minimum Wage Changes

2019 Minimum Wage Changes

The following states have announced changes to their minimum wage rates beginning January 1, 2019:

  • New Jersey - $10.00
  • California - $12.00

State Electronic Filing Rules

State Electronic Filing Rules

The following states have updated state electronic filing rules for 2018 and 2019:

Iowa

The deadline for filing 2018 Forms W-2 for the state was extended to February 28, 2019, due to an issue with the state’s electronic filing system.

Michigan

Due to severe weather that has affected the state recently, Michigan has extended its filing deadline for 2018 Forms W-2 to February 7, 2019.

Puerto Rico

The deadline for filing Forms 499R-W-2PR (Withholding Statement) and Forms 499R-2 (Reconciliation Statement of Income Tax Withheld) has been extended until February 28, 2019.

2019 State Underpayment Interest Rates

2019 State Underpayment Interest Rates

The following states have updated underpayment interest rates for 2019:

  • New York - 10 percent

How APS Can Help

APS brings innovation and scalability to modern human capital management. We believe that our clients, their employees, and our partners deserve the best, easy-to-use human capital management platform delivered with personalized service and support. We build our unified technology from the ground up, focusing on usability, efficiency, and adoption. APS understands the challenges organizations of all sizes face, which is why we craft a full spectrum of cloud solutions that address all aspects of employee management.

APS is different because of our personalized approach to technology and service. As a result, we continually maintain a 98% customer retention rate. For the past five years, we have ranked as a High Performer, the #1 software company in Louisiana, as well as Best Customer Support, Ease-of-Use, Functionality, and Product Quality by G2 Crowd.

To learn more, please visit our website at www.apspayroll.com or call 855-945-7921.

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