On Aug. 8, 2020, President Donald J. Trump signed an executive memorandum directing the U.S. Department of the Treasury (Treasury) to provide employers with the option of deferring the employee portion of the 6.2% social security payment obligations amid the ongoing COVID-19 pandemic. If employers choose to participate, the deferral would start Sept. 1, 2020 and end Dec. 31, … [Read more...] about Social Security announcement
Sign up by January 1 to receive your W-2 electronically instead of the traditional paper process. Online delivery provides access to the forms earlier and eliminates the chance that they will get lost, stolen or misdirected during delivery. … [Read more...] about W-2 Tax Information
If you have recently married, divorced, had a child, or had another change affecting your claim status, you need to complete a new W-4 Employee’s Withholding Allowance Certificate. Changes to federal withholding can be completed online through My Missouri State. Changes to state withholding must be completed on a paper form and submitted to payroll, Carrington Hall … [Read more...] about Make changes to your W-4 withholding, address
Payroll is pleased to announce an enhancement to employee self-service accessible through My Missouri State. Current faculty and staff can now use Employee Self-Service to make changes to your federal Form W-4 Withholding Allowance Certificate. Changes to state withholding must continue to be completed on a paper form and submitted to payroll. International employees are … [Read more...] about Federal W-4 now available as self-service option
The IRS has published the new 2018 withholding tables as a result of the tax reform passed in December. You will see these changes reflected with pay dates on or after Feb. 2. You can view Notice 1036 regarding the new withholding charts. The new law makes a number of changes for 2018 that affect individual taxpayers. The new tables reflect the increase in the standard … [Read more...] about Federal Tax Reform 2018