Payroll Idaho, Unique Aspects of Idaho Payroll Law and Practice

By Charles Read
The Idaho State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

State Tax Commission
Income Tax Division
800 Park Blvd, Plaza IV, Box 36
Boise, ID 83722
(208) 334-7500
www.tax.idaho.gov


Idaho allows you to use the Federal W-4 form to calculate state income tax withholding.


Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In Idaho cafeteria plans are: not taxable for income tax calculation; not taxable for unemployment insurance purposes. 401(k) plan deferrals are: not taxable for income taxes; taxable for unemployment purposes.

In Idaho supplemental wages are taxed at a 7.8% flat rate.

In Idaho supplemental wages are required to be aggregated for the state income tax withholding calculation.


You must file your Idaho state W-2s by magnetic media if you are have at least 50 employees and are required to file your federal W-2s by magnetic media.


The Idaho State Unemployment Insurance Agency is:

Department of Employment
317 Main St.
Boise, ID 83735-0910
(208) 332-7451
www.labor.state.id.us/lmi/wagehour.htm

The State of Idaho taxable wage base for unemployment purposes is wages up to $27,600.00.

Idaho requires Magnetic media reporting of quarterly wage reporting if the employer has at least 300 employees that they are reporting that quarter.

Unemployment records must be retained in Idaho for a minimum period of three years. This information generally includes: name; social security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.


The Idaho State Agency charged with enforcing the state wage and hour laws is:

Department of Labor
317 Main St.
Boise, ID 83735-0910
(208) 332-7451
www.labor.state.id.us/lmi/wagehour.htm

The minimum wage in Idaho is $5.15 per hour.

There is also no general provision in Idaho State Law covering paying overtime in a non-FLSA covered employer.

Idaho State new hire reporting requirements are that every employer must report every new hire and rehire. The employer must report the federally required elements of:

Employee's name
Employee's address
Employee's social security number
Employer's name
Employers address
Employer's Federal Employer Identification Number (EIN)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is no penalty for a late report in Idaho.

The Idaho new hire-reporting agency can be reached at 800-627-3880 or on the web at www.labor.state.or.state.id.us/newhire/


Idaho does not allow compulsory direct deposit.

Idaho requires the following information on an employee's pay stub:

itemized deductions

Idaho requires that employee be paid no less often than monthly.

Idaho requires that the lag time between the end of the pay period and the payment of wages to the employee not exceed fifteen days.

Idaho payroll law requires that involuntarily terminated employees must be paid their final pay within 10 working days or next regular payday and that voluntarily terminated employees must be paid their final pay within 10 working days or by the next regular payday or by mail if employee requests it.

There is no provision in Idaho law concerning paying deceased employees.

Escheat laws in Idaho require that unclaimed wages be paid over to the state after one year.

The employer is further required in Idaho to keep a record of the wages abandoned and turned over to the state for a period of 7 years.

Idaho payroll law mandates no more than 35% of minimum wage may be used as a tip credit.

In the Idaho payroll law there is no provision covering required rest or meal periods.

Idaho statute requires that wage and hour records be kept for a period of not less than three years. These records will normally consist of at least the information required under FLSA.


The Idaho agency charged with enforcing Child Support Orders and laws is:

Child Support Program
Department of Health and Welfare
450 W. State St., 5th Fl.
Boise, ID 83720-0036
(208) 334-2479
www.idahochild.org

Idaho has the following provisions for child support deductions:

When to start Withholding? Immediately after receipt of order.
When to send Payment? Within 7 days of Payday.
When to send Termination Notice? Promptly.
Maximum Administrative Fee? $5 per payment.
Withholding Limits? 50% of disposable earnings.




Please note that this article is not updated for changes that can and will happen from time to time.




About the author:

Charles J. Read, CPA has been in the payroll, accounting and tax business for 30 years, the last fifteen in private practice.
Mr. Read is the author of “How to Start a New Business.”

To find professional payroll service at a budget price go to www.PayrollonaBudget.com a paperless payroll company.

For a full service payroll bureau with CPA’s on staff visit www.CustomPayroll.com .

See an excerpt of Mr. Read’s interviews from William Shatners “Heartbeat of America” television show on the web sites linked above.


Article Source: http://www.Free-Articles-Zone.com

Payroll New Mexico, Unique Aspects of New Mexico Payroll Law and ...

By Charles Read
The New Mexico State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

Taxation and Revenue Department
P.O. Box 630
Santa Fe, NM 87504-0630
(505) 827-0867
www.state.nm.us/tax


New Mexico does not have a state form to calculate state income tax withholding.


Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In New Mexico cafeteria plans are not taxable for income tax calculation; not taxable for unemployment insurance purposes. 401(k) plan deferrals are not taxable for income taxes; taxable for unemployment purposes.

In New Mexico supplemental wages are taxed at a 7.7% flat rate.


You may file your New Mexico State W-2s by magnetic media if you choose to.


The New Mexico State Unemployment Insurance Agency is:

Department of Labor
Employment Security Division
401 Broadway, N.E.
P.O. Box 2281
Albuquerque, NM 87102
(505) 841-8712
http://www.workerscomp.state.nm.us/

The State of New Mexico taxable wage base for unemployment purposes is wages up to $16,800.00.

New Mexico requires Magnetic media reporting of quarterly wage reporting if the employer has at least 250 employees that they are reporting that quarter.


Unemployment records must be retained in New Mexico for a minimum period of four years. This information generally includes: name; social security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.


The New Mexico State Agency charged with enforcing the state wage and hour laws is:

Department of Labor
Labor and Industrial Division
501 Mountain Rd., NE
Albuquerque, NM 87102
(505) 841-8983
http://www.dol.state.nm.us/

The minimum wage in New Mexico is $5.15 per hour.


The general provision in New Mexico concerning paying overtime in a non-FLSA covered employer is one and one half times regular rate after 40-hour week.


New Mexico State new hire reporting requirements are that every employer must report every new hire and rehire. The employer must report the federally required elements of:

Employee's name
Employee's address
Employee's social security number
Employer's name
Employers address
Employer's Federal Employer Identification Number (EIN)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is a $20.00 penalty for a late report and $500 for conspiracy in New Mexico.

The New Mexico new hire-reporting agency can be reached at 888-878-1607 or 505-995-8230 or on the web at www.nm-newhire.com


New Mexico does not allow compulsory direct deposit

New Mexico requires the following information on an employee's pay stub:

Gross and Net Earnings
Employer's name
gross wages and benefits
hours worked
itemized deductions


New Mexico requires that employee be paid no less often than semimonthly, up to 16 days apart; monthly for FLSA-exempt employees.


New Mexico requires that the lag time between the end of the pay period and the payment of wages earned from 1st-15th of month, pay by 25th; from 16th-end of month, pay by 10th of next month; 5 days extra for out-of –state payrolls.


New Mexico payroll law requires that involuntarily terminated employees must be paid their final pay with in 5 working days; 10 days for wages paid by commission, task, or piece rates; next regular payday if suspended due to labor dispute. Voluntarily terminated employees must be paid their final pay by the next regular payday.


Deceased employee's wages must be paid when normally due to the surviving spouse.


Escheat laws in New Mexico require that unclaimed wages be paid over to the state after one year.

The employer is further required in New Mexico to keep a record of the wages abandoned and turned over to the state for a period of 10 years.


New Mexico payroll law mandates no more than 50% of minimum wage may be used as a tip credit.


In the New Mexico payroll law there is no provision covering required rest or meal periods.

New Mexico statute requires that wage and hour records be kept for a period of not less than one year. These records will normally consist of at least the information required under FLSA.

The New Mexico agency charged with enforcing Child Support Orders and laws is:

Child Support Enforcement Division
Department of Human Services
P.O. Box 25109
2025 S. Pacheo
Santa Fe, NM 87504
(505) 827-7200
www.state.nm.us/hsd/csed.html

New Mexico has the following provisions for child support deductions:

When to start Withholding? next payday after service
When to send Payment? Within 7 days of Payday.
When to send Termination Notice? "Promptly"
Maximum Administrative Fee? $1 per payment.
Withholding Limits? 50% of disposable earnings




Please note that this article is not updated for changes that can and will happen from time to time.




About the author:

Charles J. Read, CPA has been in the payroll, accounting and tax business for 30 years, the last fifteen in private practice.
Mr. Read is the author of “How to Start a New Business.”

To find professional payroll service at a budget price go to www.PayrollonaBudget.com a paperless payroll company.

For a full service payroll bureau with CPA’s on staff visit www.CustomPayroll.com .

See an excerpt of Mr. Read’s interviews from William Shatners “Heartbeat of America” television show on the web sites linked above.


Article Source: http://www.Free-Articles-Zone.com

Payroll Montana, Unique Aspects of Montana Payroll Law and Practice

By Charles Read
The Montana State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

Department of Revenue
Withholding Tax Bureau
P.O. Box 5835
Helena, MT 59604-5835
(406) 444-6900
www.state.mt.us/revenue


Montana does not require you to use a state form to calculate state income tax withholding.


Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In Montana cafeteria plans are not taxable for income tax calculation; taxable for unemployment insurance purposes. 401(k) plan deferrals are not taxable for income taxes; taxable for unemployment purposes.


In Montana supplemental wages are taxed at a 6% flat rate.


You may file your Montana State W-2s by magnetic media if you choose to.


The Montana State Unemployment Insurance Agency is:

Department of Labor and Industry
Unemployment Insurance Division
1327 Locky, P.O. Box 8020
Helena, MT 59624-8020
(406) 444-6900
http://uid.dli.state.mt.us/

The State of Montana taxable wage base for unemployment purposes is wages up to $20,300.00.


Montana has optional reporting of quarterly wages on magnetic media.

Unemployment records must be retained in Montana for a minimum period of five years. This information generally includes: name; social security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.


The Montana State Agency charged with enforcing the state wage and hour laws is:

Department of Labor and Industry
Labor Standards Bureau
1805 Prospect Avenue
P.O. Box 6518
Helena, MT 59604-6518
(406) 444-5600
http://erd.dli.state.mt.us/LaborStandards/Lswagehr.htm


There is no provision for minimum wage in the State of Montana.


The general provision in Montana concerning paying overtime in a non-FLSA covered employer is one and one half times regular rate after 40-hour week.

Montana State new hire reporting requirements are that every employer must report every new hire and rehire. The employer must report the federally required elements of:

Employee's name
Date of hire
Employee's address
Employee's social security number
Employer's name
Employers address
Employer's Federal Employer Identification Number (EIN)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is no penalty for a late report in Montana.

The Montana new hire-reporting agency can be reached at 888-866-0327 or 406-444-9290 or on the web at http://www.dphhs.mt.gov/aboutus/divisions/childsupportenforcement/relatedtopics/employerinformation.shtml


Montana does not allow compulsory direct deposit.

Montana requires the following information on an employee's pay stub:

Itemized deductions


Montana has no statutory provision on how often employee must be paid.

Montana requires that the lag time between the end of the pay period and the payment of wages to the employee not exceed ten business days after wages become due; next pay period if timesheets are late.


Montana payroll law requires that involuntarily terminated employees must be paid their final pay immediately, unless employer's written policy extends the time period to the next regular payday or 15 days from date of termination, whichever is earlier. Voluntarily terminated employees must be paid their final pay by the next regular payday or 15 days from date of separation, whichever is earlier.



There is no provision in Montana law concerning paying deceased employees.


Escheat laws in Montana require that unclaimed wages be paid over to the state after one year.

The employer is further required in Montana to keep a record of the wages abandoned and turned over to the state for a period of 10 years.


Montana payroll law mandates that there is no tip credit of minimum wage.



In the Montana payroll law there is no provision covering required rest or meal periods.

There is no provision in Montana law concerning record retention of wage and hour records therefor it is probably wise to follow FLSA guidelines.


The Montana agency charged with enforcing Child Support Orders and laws is:

Child Support Enforcement Division
Department of Public Health and Human Services
3075 N. Montana Ave., Ste. 112
P.O. Box 202943
Helena, MT 59620-2943
(406) 442-7278
http://www.dphhs.mt.gov/index.shtml

Montana has the following provisions for child support deductions:

When to start Withholding? First pay period after service.
When to send Payment? Within 7 days of Payday.
When to send Termination Notice? "Promptly"
Maximum Administrative Fee? $5 per month.
Withholding Limits? Federal Rules under CCPA.




Please note that this article is not updated for changes that can and will happen from time to time.




About the author:

Charles J. Read, CPA has been in the payroll, accounting and tax business for 30 years, the last fifteen in private practice.
Mr. Read is the author of “How to Start a New Business.”

To find professional payroll service at a budget price go to www.PayrollonaBudget.com a paperless payroll company.

For a full service payroll bureau with CPA’s on staff visit www.CustomPayroll.com .

See an excerpt of Mr. Read’s interviews from William Shatners “Heartbeat of America” television show on the web sites linked above.


Article Source: http://www.Free-Articles-Zone.com