Latest Tax Services News

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W-2 Information

Form W2, Wage and Tax Statement for year 2007 will be delivered by January, 31st, 2008 to current employees’ home departments and mailed via the U.S. Postal Service to former employees.Reprinted Forms W2 for year 2007 are available on line. … Continue reading

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YTD Total Problem on Online View Paycheck/Advice

Some YTD totals on the online “View Paycheck” for the 12/21/2007 payday were temporarily incorrect. The error was discovered and has been corrected. This did not affect the pay period gross or net amounts. Please advise your employees in case … Continue reading

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Sales tax changes 1-1-2008

Effective 1-1-2008, the state portion of the sales tax rate will be reduced from 4.75% to 4.65%, and for Salt Lake County the mass transit portion of the sales tax rate will be increased from .25% to .30%. The net … Continue reading

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Tax Services and Accounts Payable Staffing Changes

Tax Services would like to announce the following personnel changes: Randy Durney has been promoted to Senior Accountant. Randy’s responsibilities will include preparing payroll tax deposits, preparation of employment tax returns, handling student FICA exemption issues, payroll tax questions, and … Continue reading

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New Sales Tax Rates

Effective April 1, 2007, there are new sales tax rates effective for Salt Lake County. The new base sales tax rate is 6.85% for Salt Lake County. If you do business in another county, please check the Utah State Tax … Continue reading

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W-2 Form Reprint

Reprinted Form W-2s for year 2006 are now available online! You can print your own year 2006 W-2 by going to the CIS at https://cis.utah.edu/. The navigation for this feature is as follows: In the Campus Information System, go to … Continue reading

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Sales Tax

There is a new 2% reduction in sales tax for certain food and food ingredients. If your department serves or sells food, please look over the Utah State Tax Commission link outlining the new reduced rate for food and food … Continue reading

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June 22, 2006 cell phone allowance distribution information

The June 22, 2006 cell phone allowance distribution inadvertently did not have federal or state withholding deducted. Other employment taxes such as FICA were appropriately withheld from the June 22, 2006 cell phone allowance distribution. We are sorry for any … Continue reading

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Supplemental Pay Tax Withholding Requirements

According to Internal Revenue Regulations, supplemental pay tax withholding may be calculated by applying the employee’s withholding rate from the Form W-4 on file or utilizing the flat rate withholding method, currently 28% federal plus 6% for Utah. Supplemental pay … Continue reading

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Departments on the move

Over the next few months the following departments in Financial and Business Services will be moving. Accounts Payable from 405 Park to 145 Park (November 7) Financial Information Services from 416 Park to 405 Park (December 20) Financial Reporting & … Continue reading

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