The United States Department of Labor announced that California would have a FUTA Credit Reduction of 0.90% for 2024, effective 01/01/2024. GPTCI-55007 https://oui.doleta.gov/unemploy/futa_credit.asp The United States Department of Labor announced that New York would have a FUTA Credit Reduction of 0.90% for 2024, effective 01/01/2024. GPTCI-55007 https://oui.doleta.gov/unemploy/futa_credit.asp The United States Department of Labor announced that US Virgin Islands would have a FUTA Credit Reduction of 4.20% for 2024, effective 01/01/2024. GPTCI-55007 |
New Jersey announced that the Employee Unemployment Tax wage base has been increased from $41,300 in 2024 to $43,300 in 2025, effective 01/01/2025. The rate remains the same at 0.3825% (.003825). GPTCI-54881 New Jersey announced that the Employee Workforce Development Tax wage base has been increased from $41,300 in 2024 to $43,300 in 2025, effective 01/01/2025. The rate remains the same at 0.0425% (.000425). GPTCI-54881 New Jersey announced that the Employee State Disability Tax wage base has been increased from $161,400 in 2024 to $165,400 in 2025, effective 01/01/2025. The rate is 0.23% (.0023). GPTCI-54881 New Jersey announced that the Employee State Disability Tax wage base has been increased from $41,300 in 2024 to $43,300 in 2025, effective 01/01/2025. The default rate remains at 0.00% in 2025. GPTCI-54881 New Jersey announced that the Employee Voluntary/Private Family Leave wage base has been increased from $41,300 in 2024 to $43,300 in 2025, effective 01/01/2025. The default rate remains at 0.00% in 2025. GPTCI-54881 New Jersey announced that the Employee Family Leave wage base has been increased from $161,400 in 2024 to $165,400 in 2025, effective 01/01/2025. The rate has increased from 0.09% (0.0009) in 2024 to 0.33% (.0033) in 2025. GPTCI-54881 New Jersey announced that the Employee Voluntary/Private Family Leave wage base has been increased from $161,400 in 2024 to $165,400 in 2025, effective 01/01/2025. The rate has increased from 0.09% (0.0009) in 2024 to 0.33% (.0033) in 2025. GPTCI-54881 New Jersey announced that the Employee Voluntary/Private Family Leave wage base has been increased from $161,400 in 2024 to $165,400 in 2025, effective 01/01/2025. The default rate remains at 0.00% in 2025. GPTCI-54881 |
California Employment Development Department (EDD) has released the State Disability INcurance (SDI) contribution rate for 2025. The tax rate will go from 1.1% to 1.2% effective 1/1/2025. GPTCI-54460 |
Kentucky announced that the standard Deduction has increased from $3160 in 2024 to $3270 in 2025. The withholding rate remains the same at 4.00%. https://revenue.ky.gov/Forms/Withholding Computer Formula.pdf |
Iowa announced changes to the withholding calculations, effective 01/01/2025. The Standard Deduction will now be based strictly on the Filing Status claimed rather than on the Exemption Amount. There is no default of $40 for an Exemption Amount so if nothing is submitted for an Iowa W04, no Exemption Amount will be used in the calculation. The Withholding Rate is now a flat rate of 3.80% rather than the tiered tables of rates used previously. The formula itself remains basically unchanged taking into account the Standard Deduction and Exemption Amount. The Supplemental Rate is decreased from 5.70% to 3.80%. All Pension withholding rates are decreased from 5.00% to 3.80%. GPTCI-54032 https://revenue.iowa.gov/taxes/tax-guidance/withholding-tax/iowa-withholding-tax-information |
California announced changes to the State Income Tax Withholding tables, effective 01/01/2025. Changes include the Low Income Exemption Table, Standard Deduction Table, Exemption Allowance Table, and Tax Rate Tables. The Estimated Deduction Table remains unchanged for 2025. GPTCI-53880 |
Missouri announced that the Employer State Unemployment Wage Base has decreased from $10,000 in 2024 to $9,500 in 2025. GPTCI-53640 [Tax Rates | Missouri labor (mo.gov)|https://labor.mo.gov/des/employers/tax-rates] New Jersey announced that the Employer State Unemployment Limit increases from $42,300 in 2024 to $43,300 in 2025. GPTCI-53640 https://www.nj.gov/labor/ea/employer-services/rate-info/ New York announced that the Employer State Unemployment Limit increases from $12,500 in 2024 to $12,800 in 2025. GPTCI-53640 https://dol.ny.gov/nys-45-quarterly-reporting Vermont announced that the Employer State Unemployment Limit increases from $14,300 in 2024 to $14,800 in 2025. GPTCI-53640 |
Delaware is establishing a Family and Medical Leave Insurance Fund effective 1/1/2025. For the 2025 and 2026 contribution years, Employers are to pay the total contribution rate of 0.8% of qualifying wages, with the contributions allocated among the different leave types as follows:
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Maine has announced a State Paid Family and Medical Leave program effective 1/1/2025. The maximum premium amount to be paid into the program is 1.00% of wages up to the federal OASDI taxable wage base by the Employer. Covered employers with 15 or more employees will pay at least 50% of the premium and may deduct up to 50% of the premium from employees’ wages. Employers will need to assign the employee tax rate up to 50% and adjust the employer tax rate as well. GPTCI-9054 |