Latest Tax Services News

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Help the University go GREEN, Sign up for electronic W2!

Posted January 9, 2014 in Tax Services and tagged .

Employees can elect to receive Form W-2 electronically. Highlights include: Access the W-2 earlier, don’t wait for it be delivered in the mail. Green – For employees eligible to file a tax return electronically with the IRS, no paper copy … Continue reading →

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Assistant Manager, Tax Services and Payroll Accounting

Posted July 22, 2013 in Tax Services and tagged .

Effective July 16, 2013 Ying He will assume the responsibility of Assistant Manager, Tax Services and Payroll Accounting. In addition to her current duties, Ying will assume responsibility for Sales Tax reporting and 1098T and 1099 compliance. If you have any questions, … Continue reading →

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Nonresident Alien Employee or Student Appointments with Tax Services

Posted May 17, 2013 in Tax Services and tagged , .

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 →

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Tax Rate Changes

Posted January 3, 2013 in Payroll, Tax Services and tagged .

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 →

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Change to Application of University’s Lodging Sales Tax Exemption

Posted May 18, 2011 in Tax Services and tagged .

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 →

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New Revision of Policy 3-111 Approved

Posted March 16, 2011 in Accounts Payable, Grants and Contracts Accounting, Tax Services and tagged .

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 →

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Changes to employee tax withholdings

Posted January 7, 2011 in Payroll, Tax Services and tagged .

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 →

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Go Paperless, Sign up for electronic W2!

Posted December 3, 2010 in Payroll, Tax Services and tagged .

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 →

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IRS Regulations and W-2 Form Reporting

Posted November 18, 2010 in Payroll, Tax Services and tagged , .

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 →

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Customer Site Visits

Posted May 28, 2010 in Accounts Payable, Controller, Financial Reporting and Accounting, Grants and Contracts Accounting, Income Accounting, Management Accounting and Analysis, Payment Card Acceptance/E-Commerce, Property Accounting, Tax Services.

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 →

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