US Taxes: Local

Tax and Garnishment Tables – Notice 2024-17

Version
Notice 2024-17
Release Date
11/28/2024
ft:lastEdition
2024-11-26

Kentucky - Jackson City tax rate change effective 1/1/2025

Jackson City, KY decreased the employee occupational tax rate from 2% to 1.5% effective 1/1/2025. GPTCI-54458

Ohio – Multiple Cheviot JEDD’s earnings cap changes [Effective January 1, 2025]

Ohio – Cheviot City has published their 2025 earnings cap changes for multiple JEDDs, effective January 1, 2025. GPTCI-54043

image-20241029-145935.png

https://www.ritaohio.com/Municipalities/Home/MemberPage?id=207

NEW Ohio - Deer Park - Sycamore Township JEDD (Hamilton County) Effective 1/1/2024

OH – Deer Park – Sycamore Township JEDD (Hamilton County) has been set up effective 1/1/2024. The Tax rate is 0.75%. Tax Credit is 0.00% and the Credit limit is 0.00%. GPTCI-53859

[Departments - Tax Department - JEDZ / JEDD Tax Information | City of Deer Park|https://www.deerpark-oh.gov/departments/tax-department/jedz-jedd-tax-information/]

 

New Jersey – Newark Payroll Expense Tax multiple remuneration changes [Effective January 1, 2025]

The City of Newark uses employee income subject to Federal Income Tax as the basis for their Payroll Expense Tax. The following remuneration changes will be made effective 1/1/2025 to comply with the City of Newark. See chart below of what changes are being made for Newark City (Essex County) - Payroll Expense Tax - USA-00340001-019. GPTCI-52529

Remuneration Description Code Current
EE Taxation Method
New
EE Taxation Method
Current
ER Taxation Method
New
ER Taxation Method
Company Provided Meals and Lodging E026 Txbl NTxbl     
Statutory Stock Options -  Stock Options & Employee Stock Purchase Plans E039 NTxbl Txbl    
Occassional Meal Allowance - Working Condition Fringe E040 Txbl NTxbl     
457(f) Deferred Compensation Plans P025 NTxbl Txbl NTxbl Txbl
Health Savings Account - [Self Only] Non-Section 125 P053 Txbl NTxblToLimit NTxbl NTxblToLimit
Health Savings Account - [Family] Non-Section 125 P054 Txbl NTxblToLimit NTxbl NTxblToLimit
457f Def Comp Military Makeup P074 NTxbl Txbl NTxbl Txbl

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