News & Information

 

FEATURED PRODUCT

American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition

American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition
It's more important than ever to be in compliance with payroll laws and regulations! How do you stay in compliance and avoid penalties? The APA Basic Guide to Payroll is written to make understanding the laws and regulations as easy as possible. And this single-volume guide is filled with tools to help you apply the law and make proper calculations – with ease!

CCH® PAYROLL — 02/03/14

Wisconsin issues withholding tables effective April 1, 2014

The Wisconsin Department of Revenue has issued new wage-bracket and alternate method withholding tables, effective for wages paid on and after April 1, 2014. The alternate tables are reproduced in this Report Letter on pages 11—12. All of the tables are reproduced in this Report at ¶8798 and ¶8799.

You may wish to retain the current tables until the new ones take effect. The supplemental wage rates at that time will be: 4% if the salary is at least $0 but less than $10,910; 5.84% if the salary is at least $10,910 but less than $21,820; 6.27% if the salary is at least $21,820 but less than $240,190; and 7.65% if the salary is $240,190 or over.

Wage reporting

Beginning in January 2014, employers and other persons who make payments that must be reported on federal Forms W-2, 1099-R or 1099-MISC must also submit these forms to the department regardless of whether Wisconsin tax has been withheld. This affects payments made in 2013 that will be reported in 2014. Previously, the Department waived this reporting requirement if there was no Wisconsin tax withheld and Forms W-2, 1099-MISC, and 1099-R were sent to the IRS/SSA. Payers who did not withhold Wisconsin income tax during the year are not required to register for a Wisconsin withholding number to submit wage and information returns. Specific reporting information is provided in Publication 117, Guide to Wisconsin Wage Statements and Information Returns. (Wisconsin Withholding Tax Guide, Pub. W-166 (1/14).)

For more information on this and other topics, consult the Visit our News Library.