There are no Florida state income taxes, and no state payroll tax withholding. However, you'll still need to withhold for federal taxes, SUTA and FUTA.
HINT: TurtleSoft's payroll accounting software includes free annual updates for state and Us federal tax withholding rates.
Florida State Withholding Instructions
To enter withholding information for an employee in your Goldenseal company file, follow these steps:
Florida State Unemployment Tax Instructions
In 2023, the Florida SUTA unemployment insurance tax applies to the first $7,000 of wages (it was reduced from $8,000 in 2014 and stayed the same ever since). The starting rate for a new company is 2.7%. It stays at that rate for the first 10 quarters of employment. After that, the rate can vary between .1% and 5.4% depending on payroll totals and the number of UI claims made against your business.
To enter your Florida state SUTA tax rate into Goldenseal payroll software, follow these steps:
Florida Marital Status
Use the following to determine the value for the Marital Status popup menu in each Employee account:
State Tax Contacts
Official State Lawn Ornament
1987 to 1999-- Pink plastic flamingo being eaten by pink plastic alligator.
2000 to 2001-- Hanging chad.
2002 to 2003-- Pink plastic flamingo being eaten by pink plastic alligator.
2004 to 2005-- Pink plastic flamingo covered with hurricane debris.
2006 to 2007-- Pink plastic flamingo covered with tiny blue tarp.
2008-- Pink plastic flamingo with Obama campaign sticker.
2009 to 2013-- Unemployed relative.
2014 to 2021-- Pink plastic boa constrictor swallowing pink plastic alligator.
2022-- Pink plastic flamingo covered with hurricane debris.
Goldenseal Payroll Software Info | US Federal Withholding Tables | Free 2023 Payroll Tax Table Updates
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