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Goldenseal Payroll
Software Info
US Federal Withholding
Tables
Free 2008 Payroll Tax Table Updates
New & Used
Swiss Army Knives
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New York has state income tax withholding. Rates did not change in 2008
(the last change was in mid-2006, and in 16 of
the past 18 years).
There is also separate tax withholding for residents
of New York City and Yonkers. All payroll withholding amounts are calculated
from 'step' tables that are similar to the federal tax tables.
NY Taxes include a state disability deduction (paid
by employees). This deduction helps to cover the employee disability
insurance that employers are required to carry.
Click here for more about Goldenseal payroll
accounting software.
HINT-- Our payroll software includes free annual
updates for
US federal and New York State tax withholding
rates. Click here to download payroll updates for
New York state, New York City, Yonkers and federal tax tables.
| New York
State Withholding Instructions |
To enter withholding information for an employee
in your Goldenseal company file, follow these steps:
- Choose
Employees from the
Accounts menu.
- Locate
the employee record.
- Click
the Payroll Setup
button.
- Enter
the employee's marital
status into the Marital
Status field
(see note below).
- Choose
the correct Tax Package
(see note below).
- Enter
the number of federal
dependents into the
Federal Exemptions
field.
- Enter
the number of New
York State dependents
into the State Exemptions
field.
- Enter
the number of Yonkers
or New York City
dependents into the
Local Exemptions
field (you'll need
to scroll down to
see it).
- Click
OK.
Enter the correct tax package into the
Tax Package field. Separate packages are used for residents
of New York City or Yonkers. If an employee resides in
either, choose the appropriate Resident package; if an
employee works in but lives outside of either, choose the
appropriate Non-resident package. |
| New York
State Unemployment Tax Instructions |
New York state SUTA unemployment tax is based
on the first $8,500 of
wages for each employee.
The SUTA tax rate for new employers is 4.1% in 2008. After the
first year the rate
varies from 1.5% to 9.9%
for each employer, depending
on past hiring and layoff history.
In 2004 and 2005, New York was a naughty
"blue" state
that owed money
to the Feds,
meaning that
the FUTA rate
for NY employers
was 1.1% rather
than .8%. However
in 2006 New York
returned to a
positive funds
balance, and
the FUTA rate
returns to its
usual .8%.
To enter your New York SUTA tax rate
into the Goldenseal payroll software, follow these steps:
- Choose
Payroll Setup from
the Costs menu, and
choose Tax Items
from the submenu.
- You'll
see a list of Tax
Items. Locate the
New York SUTA tax
in the list, and
double-click on it. HINT:
If you don't see
SUTA in the list,
you'll need to import the
New York State payroll
info first.
- Enter
the percentage rate
that you pay into
the number field
to the right of Calculation
method.
- If
the cutoff amount
has changed, enter
it into the dollar
field to the right
of First Adjustment.
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| New
York
Marital Status |
Enter the marital status of each employee in
the Marital Status popup field on their employee account record:
- Single-
single employee with
one personal exemption
- Married-
married employee
with two personal
exemptions
- Dual
Income- married
employee with one
personal exemption
- Head
of House- employee
claims Head of
Family status
- Other-
not used
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| New
York
Tax Contacts |
Payroll Tax Office-- 877 698-2910
Forms-- 800 462-8100
SUTA-- 518 457-5806
New York Dept of Tax & Finance
Taxpayer Assistance Bureau
W. A. Harriman Campus
Albany NY 12227
Last updated Jan 3, 2008 |
| Official
State Lawn Ornament |
Upstate-- broken washing machine.
Downstate-- skateboard.
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