As of March 31, 2000, the New York State minimum wage is $5.15 per hour.
The cash wage for a food service employee is now $3.30 per hour.
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Employment tax rates and wage bases for 1997.
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Social Security Tax:
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- Tax Rate - 6.2% each for employers and employees
- Wage Base - $65,400
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Medicare Tax: |
- Tax Rate - 1.45% each for employers and employees
- All wages subject to Medicare tax
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| Federal Unemployment (FUTA) Tax: |
- Wax Rate - 6.2% (employers only)
- Wage Base - $7,000
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06/30/99 - NYS Commuter Tax
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"Non-New York residents who commute to work in New York City will continue to be subject to the non-resident earnings tax as long as this issue remains before the courts," Commissioner Roth said.
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Employers with questions about "commuter tax" withholding may obtain more information by contacting the Tax Department at (800) CALL TAX, or on the Internet at www.tax.state.ny.us.
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03/01/98 - NYS Unemployment
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You should have been mailed your new SUI rates. The new rates have been lowered. The new minimum rate is 1.5%, the new maximum is 6.4% and the new new business rate is now 3.7%.
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10/01/97 - NYS Wage Reporting
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You must report all new hires within 20 days. You can mail or fax a copy of the employee's form W4 to:
NYS Dept of Taxation
New Hire Notification
PO Box 15119
Albany, NY 12212-5119
or fax to 518-463-4514
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