We are extremely pleased to announce that Dresser & Associates has joined Net@Work, one of the most respected Sage Software Partners in North America and an award-winning end-to-end technology solutions provider. You will see very little change relative to your Sage Software support, really just a name change.
Payroll Articles
WAGE & TAX REFERENCE GUIDE
Federal Deferred Compensation Limits 2004
| Deferral Limits | |
| Sec. 401(k) | $113,000 |
| SIMPLE | $119,000 |
| Sec. 403(b) | $113,000 |
| Sec. 457 | $113,000 |
| Compensation Limits | |
| Qualified Plans | $205,000 |
| Defined Contribution Max. Annual Addition | $141,000 |
| Highly Compensated Employee | $190,000 |
Federal 2004 Vehicle Use Valuations
| Mileage Rates | |
| Business | 37.5 cents |
| Relocation | 14 cents |
| Charitable | 14 cents |
| Medical | 14 cents |
| Tax-Free Transportation Benefits | |
| Parking | $195 per month |
| Transit Passes | $100 per month |
| Van Pools | $100 per month |
| State | Base Minimum Wage |
Unemployment Wage Base |
| Federal | $5.15* | $17,000 |
| Alabama | None* | $18,000 |
| Alaska | $7.15* | $27,100 |
| Arizona | None | $17,000 |
| Arkansas | $5.15* | $10,000 |
| California | $6.75* | $17,000 |
| Colorado | $5.15* | $10,000 |
| Connecticut | $7.10* | $15,000 |
| Delaware | $6.15* | $18,500 |
| District of Columbia | $6.15* | $19,000 |
| Florida | None | $17,000 |
| Georgia | $5.15* | $18,500 |
| Hawaii | $6.25* | $31,000 |
| Idaho | $5.15* | $27,600 |
| Illinois | $5.50* | $19,800 |
| Indiana | $5.15* | $17,000 |
| Iowa | $5.15* | $19,700 |
| Kansas | $2.65* | $18,000 |
| Kentucky | $5.15* | $18,000 |
| Louisiana | None | $17,000 |
| Maine | $6.25* | $12,000 |
| Maryland | $5.15* | $18,500 |
| Massachusetts | $6.75* | $14,000 |
| Michigan | $5.15* | $19,000 |
| Minnesota | $5.15* | $22,000 |
| Mississippi | None | $17,000 |
| Missouri | $5.15* | $18,000 |
| Montana | $5.15* | $20,300* |
| Nebraska | $5.15* | $17,000* |
| Nevada | $5.15* | $22,000* |
| New Hampshire | $5.15* | $18,000* |
| New Jersey | $5.15* | $24,300* |
| New Mexico | $5.15* | $16,800* |
| New York | $5.15* | $18,500* |
| North Carolina | $5.15* | $16,200* |
| North Dakota | $5.15* | $18,500* |
| Ohio | $5.15* | $19,000* |
| Oklahoma | $5.15* | $14,300* |
| Oregon | $7.05** | $27,000* |
| Pennsylvania | $5.15* | $18,000* |
| Puerto Rico | $5.15* | $17,000 |
| Rhode Island | $6.75* | $14,000* |
| South Carolina | None | $17,000* |
| South Dakota | $5.15* | $17,000* |
| Tennessee | None | $17,000* |
| Texas | $5.15* | $19,000* |
| Utah | $5.15* | $22,700* |
| Vermont | $6.75* | $18,000* |
| Virginia | $5.15* | $18,000* |
| Virgin Islands | $5.15* | $18,400* |
| Washington | $7.16* | $30,200* |
| West Virginia | $5.15* | $18,000 |
| Wisconsin | $5.15* | $10,500 |
| Wyoming | $5.15* | $15,900 |
| State | Supplemental Holding Rate (%) | Annual Reconciliation Due Date |
| Federal | 25 | Feb. 28* |
| Alabama | 5 | Feb. 28* |
| Alaska* | ———— | —— |
| Arizona | ———— | Feb. 28* |
| Arkansas | 7 | Feb. 28* |
| California | 6 or 9.3 | Jan. 31* |
| Colorado | 4.63 | Feb. 28* |
| Connecticut | ———— | Feb. 28* |
| Delaware | ———— | Feb. 28* |
| District of Columbia | ———— | Jan. 31* |
| Florida | ————* | —— |
| Georgia | 2, 3, 4, 5 or 6 | Feb. 28* |
| Hawaii | ———— | Feb. 28* |
| Idaho | 7.8 | Feb. 28* |
| Illinois | 3 | Feb. 28* |
| Indiana | 3.4 | Feb. 28* |
| Iowa | 6 | Feb. 28* |
| Kansas | 5 | Feb. 28* |
| Kentucky | ———— | Jan. 31* |
| Louisiana | 2.1 to 4.8 | Feb. 28* |
| Maine | 5 | Feb. 28* |
| Maryland | ———— | Feb. 28* |
| Massachusetts | ———— | Feb. 28* |
| Michigan | 4.0 (3.9% as of 7/1/04) | Feb. 28* |
| Minnesota | 6.25 | Feb. 28* |
| Mississippi | ———— | Jan. 31* |
| Missouri | 6 | Feb. 28* |
| Montana | 6 | Feb. 28* |
| Nebraska | 5 | Mar. 15* |
| Nevada | ———— | ———— |
| New Hampshire | ———— | ———— |
| New Jersey | ———— | Feb. 28* |
| New Mexico | 6.8 | ————* |
| New York | Various | ————* |
| North Carolina | 6 | Feb. 28* |
| North Dakota | 3.92 | Feb. 28* |
| Ohio | 3.5 | Feb. 28* |
| Oklahoma | 6.65 | ————* |
| Oregon | 9 | Feb. 28* |
| Pennsylvania | 3.07 | Jan. 31* |
| Puerto Rico | ———— | Jan. 31* |
| Rhode Island | ———— | Feb. 28* |
| South Carolina | 7 | Feb. 28* |
| South Dakota | ———— | ———— |
| Tennessee | ———— | ———— |
| Texas | ———— | ———— |
| Utah | ———— | Feb. 28* |
| Vermont | 7.2 | Feb. 28* |
| Virginia | 5.75 | Feb. 28* |
| Washington | ———— | ———— |
| West Virginia | 3 to 6.5 | Feb. 28* |
| Wisconsin | 4.6, 6.15, 6.5, or 6.75 | Jan. 31* |
| Wyoming | ———— | ———— |
Federal Contacts*
Internal Revenue Service
Info. Reporting Call Site (304) 263-8700
“FIRE” Online Reporting (304) 262-2400
Forms and Publications (800) 829-3676
Help Line (800) 829-1040
IRS Internet Home Pages
Main: http://www.irs.gov
Electronic Tax Payments:
http://www.eftps.gov
Social Security Administration
Help Line (800) 772-1213
Online Wage Reporting Service (410) 966-8450
Internet Home Page http://www.ssa.gov
Department of Labor
Wage and Hour (202) 693-0067
Internet Home Page http://www.dol.gov
Child Support Enforcement
Internet Home Page
http://www.acf.dhhs.gov/programs/cse
Bureau of Citizenship and Immigration Services (BCIS)
24-Hour Help Line (800) 375-5283
Internet Home Page http://www.bcis.gov
*Subject to change. Last updated June, 2004.
Article from ADP
