New York State withholding tax rate change effective January 1, 2012: Most employees’ New York State withholding will change due to recent legislation that resulted in revised withholding tax computation rules. The changes apply to payrolls made on or after January 1, 2012. Calculate new withholding tax amounts using Publication NYS-50-T-NYS, New York State Withholding [...]

The following items are due by Tuesday, January 31, 2012. For all employers: Furnish Forms 1098, 1099 and W-2G to recipients for certain payments during 2011. Furnish Form W-2 to employees who worked for you during 2011. Deposit any FUTA tax owed through Dec 2011. Files Forms 940, 941, 943, 944 and/or 945 if you [...]

The following items are due by Monday, January 30, 2012. For New Jersey employers: NJ Gross Income Tax (Employer) – NJ-927 or NJ-927-W – Employer’s quarterly report NJ Gross Income Tax (Employer) – NJ-927-H – Domestic employer’s annual report Trager, Kevy & Trager, LLPContact us if you have any questions or need help meeting this [...]

Quarterly filers need to have their New York State sales tax returns submitted by Tuesday, December 20, 2011.

            2009-11   2012         401(k), 403(b) and 457 Deferral Limit $16,500   $17,000         401(k), 403(b) and 457 Catch-up Contribution $5,500 * $5,500         SIMPLE Deferral Limit $11,500 * $11,500         SIMPLE Catch-up Contribution $2,500 * $2,500 [...]

Monthly filers need to have their New York State sales tax returns submitted by Monday, November 21, 2011.

Employer’s quarterly combined Withholding, Wage Reporting, and Unemployment Insurance return is due Monday, October 31, 2011.

The following are due Monday, October 31, 2011: Employers Quarterly MCTMT Return MCTMT Estimated Tax Payment Partnership and LLC Estimated MCTMT Payment (for payments required to be made on behalf of partners and members)

Form NJ-927 or NJ-927-W is due on Monday, October 31, 2011 for employer’s quarterly report.

The following New Jersey State sales and use taxes, and their required forms, are due by Thursday, October 20, 2011: ST-50 – Quarterly remittance ST-250 – Combined Atlantic City luxury tax and State sales tax monthly return ST-350 – Combined Cape May County tourism sales tax and tourism assessment monthly return ST-450 – Salem County [...]