The SUI wage base for Washington state has increased for 2015. It will now be $42,100. This is up from $41,300 in 2014. The SUI rates remain unchanged.
Nebraska has released their 2015 income tax withholding tables and there are no changes despite legislative changes occurring in 2014. A new Circular EN will not be issued for 2015.
- Business Communication Skills Suite: How to Communicate Effectively at Work
- How to ListenSpeak™
- Dialogue Takes More Than Just Twos
- How to “Visualize” Reports to Better Understand, Predict and Manage (3 month license)
- How to Communicate Effectively on the Telephone and in Writing
- How to Eliminate Mistakes with Operational Definitions
- How to Listen Actively
For an added bonus there is even one free course! Income Statement Secrets Revealed
These courses are available on our Coggno training page. Just click on the link below and search for the course you are interested in.
Click here to find out more or to register
About the Author:
Dan Strongin is the founder of ManageNaturally.com, an online resource for business owners and managers, dedicated to providing pragmatic, proven, effective solutions to every day business problems. A Thought Leader in Strategic Marketing and Quality Administration, he has been helping people do better business since 1996. He’s the author of several books as well as online training courses, including “How to Communicate Effectively in Business,” which are available directly from our website.
Missouri has released the 2015 withholding tax tables. The annual withholding formula is unchanged from 2014. The supplemental withholding rate remains 6%.
Just a quick reminder of the filing due dates for the 2014 Forms W-2. The form is due to the employee by Monday, February 2, 2015. January 31, 2015, the normal due date is a Saturday so we move the due date to the next business day. The forms are due to the Social Security Administration by March 31, 2015 if filing electronically. The form is due by March 2, 2015 if filing on paper. Again the normal due date of the last day in February falls on a Saturday.
Today is Friday so it is round up day. This will probably be the last round up day we need to do as most of the states have issued their withholding tables and SUI wage bases by now. So I will go back to blogging them as the info comes in. So here is everything that came across my desk after Monday’s catch up round up.
Arizona: 2015 SUI wage base remains $7,000.
Oregon: Income tax withholding formula and transit rates for 2015 are released
Virginia: The SUI wage base remains $8,000 for 2015.
The IRS has released guidance with respect to the issues related to the retroactive increase in the monthly transit benefit exclusion for 2014. The increase went from $130 per participating employee to $250 per participating employee for the period from January 1, 2014 through December 31, 2014. Due to the timing of the statutory change and in order to reduce administrative burden, the Service is providing a special administrative procedure for employers that treated excess transit benefits as wages and that have not yet filed their fourth quarter Form 941 for 2014 to make necessary corrections on their fourth quarter Form 941. This guidance is contained in Notice 2015-02.
The IRS has released Publication 15-A Employer’s Supplemental Tax Guide for 2015.
I am a training partner with Coggno. Some of my subscribers were lucky enough to get a free training session from them last year. That was on a first come first get basis and limited to only 25 of you. Well now they are offering all of my subscribers two free webinars this month. They are:
- Why Knowledge Management Programs Fail: Five Truths You Can’t Ignore on January 22nd
- Employee Development is a Big Deal with Big Rewards on January 27th
Email: email@example.com to Register
Why Knowledge Management Programs Fail: Five Truths You Can’t Ignore
Date: Thursday, Jan 22nd
Time: 1:00 pm EST
Presented by: Bill Stockton, Co-founder, Klever
Does this struggle sound familiar? “I’m so frustrated. We ‘ve implemented knowledge management tools and processes. We’ve integrated platform to enable knowledge sharing for everyone. But nobody uses it.” You could point to many likely reasons: It’s been all about the tool. No one knows what’s really in it for them. Perhaps they just don’t know how to share. You’ve tried tackling everything at once. It’s all just too complicated.
The fact of that matter is that 50% of knowledge management initiatives fail in the first year, and 75% of organizations abandon the program within three years, according to TSIA’s State of Knowledge Management: 2014 research. But, Knowledge Management doesn’t have to fail.
Bill Stockton will share the five simple truths to make knowledge sharing stick and five keys for turning these truths into practice.
Please join us on Jan 22nd at 1pm EST to know more about Knowledge Management from the experts at GetKlever.
Employee Development is a Big Deal with Big Rewards
Date: Jan 27th
Time: 12:00 pm EST
Presented by: Cindy Pascale and Kim Egan, Vado Inc.
Organizational development is a big deal – it is at the top of CEOs’ priority lists. Billions of dollars are being spent on development and this number is increasing.
Research studies show that companies that develop their employees and do it well, reap big rewards in terms of product innovation, market share, and efficiencies to name just a few.
During this webcast, we will discuss and demonstrate:
- The difference between training and development
- The definition of “scrap learning”
- How people best develop new skills or capabilities
- What learners are expecting in their development programs
- And how to ensure that development will lead to organization success
This joint webcast will be an informative and engaging one hour session on the Best Practices that need to be considered to ensure maximum return on investment for all learning and development activities.
Please join us on Jan 27th at 12pm EST to hear more about these innovative offerings and share your perspectives. Also, the webinar has been pre-approved for one hour of continuing education credits.
Email: firstname.lastname@example.org to Register for either webinar or both.
I am still catching up from my vacation over the holidays. The IRS has released the following publications for 2015:
- Publication 15, The Circular E. It is now available on the IRS website. http://www.irs.gov/pub/irs-pdf/p15.pdf
- Publication 15-B, Employer’s Tax Guide to Fringe Benefits http://www.irs.gov/pub/irs-pdf/p15b.pdf
- Publication 51, Circular A, Agricultural Employers Tax Guide http://www.irs.gov/pub/irs-pdf/p51.pdf
- Publication 80, Circular SS Federal Tax Guide for Employers in the U.S. Virgin Islands, Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands http://www.irs.gov/pub/irs-pdf/p80.pdf
In addition, the IRS has also released the 2015 Form W-4 http://www.irs.gov/pub/irs-pdf/fw4.pdf