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News Archives
Latest Tax Services News
Nonresident Alien Employee or Student Appointments with Tax Services
Non- US employees and non-US scholarship and fellowship recipients need to meet with Tax Services to complete additional forms. This is to ensure these individuals understand their tax responsibilities and to ensure taxes are withheld in compliance with US laws and regulations. The following should … Continue reading
Tax Rate Changes
Social Security Tax Rate Increase The two percent employee FICA Social Security tax cut provided in the Tax Relief Act of 2010 expired December 31, 2012. As a result the employee FICA Social Security tax rate will be restored to … Continue reading
Change to Application of University’s Lodging Sales Tax Exemption
Currently, when the University pays for Utah lodging using direct payment, it can use its sales tax exemption certificate at the point of sale and the lodging provider does not charge sales tax. Beginning July 1st, 2011, based on new … Continue reading
New Revision of Policy 3-111 Approved
On March 8, 2011, the Board of Trustees approved a new revision of Policy 3-111: Service Contracts with Individuals and Other Legal Entities. Please circulate this information to appropriate persons in your area. Implementation: Immediately This policy has been revised to … Continue reading
Changes to employee tax withholdings
For 2011, beginning with the January 7th paycheck, employees may notice changes to their tax withholdings. Based on the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 there will be a two percentage point payroll tax cut … Continue reading
Go Paperless, Sign up for electronic W2!
Meaningful and exciting changes have been made to the way W-2 forms are now available to University of Utah Faculty and Staff. Employees can elect to receive the Form W-2 electronically, in a paperless format which will be available year round. … Continue reading
IRS Regulations and W-2 Form Reporting
Payroll Reporters, Please note that we are approaching the end of the 2010 calendar year. IRS regulations require us to report on the W-2 forms and pay and/or withhold any appropriate employment taxes on certain benefits provided during the year, including … Continue reading
Customer Site Visits
The Controller’s Office is pleased to announce the launch of a new outreach effort – Customer Site Visits. Visits provide an opportunity for the departments of the Controller’s area to learn more about the various programs and initiatives on campus … Continue reading
Payroll Overpayments
Please review the attached guidelines and approved process pertaining to overpayments and subsequent collection procedures. If you have any questions regarding the guidelines, please contact the Payroll office at 801-581-7873. or
Nonresident Alien Payroll Federal Tax Withholding Change
Payroll federal withholding taxes for nonresident alien employees may increase beginning with the August 15th, 2009 paycheck due to implementation of the IRS mandated American Recovery and Reinvestment Act of 2009 new tax tables. Nonresident alien F-1 students from India … Continue reading
