Find helpful payroll-related resources below, including Online Forms, State Websites and other useful information.
(Click the sections below to view resources.)
Please fax these to 970-259-5331 or email them to info@payrolldept.biz
Employer Taxes | ||
---|---|---|
How Much? | Wage Limit | |
FICA – Medicare | 1.45% | Unlimited |
FICA – Social Security (OASDI) | 6.20% | $142,800.00 per employee |
FUTA (Federal Unemployment) | 0.6% | $7,000.00 per employee |
SUTA (CO State Unemployment) | Company Specific | $13,600.00 per employee |
Employee Taxes | ||
---|---|---|
How Much? | Wage Limit | |
FICA – Medicare | 1.45% | Unlimited |
FICA – Medicare | Additional .9% | if $200k or more |
FICA – Social Security (OASDI) | 6.20% | $142,800.00 |
Federal Withholding | based on W4 | |
State Withholding | based on W4 |
Minimum Wage Info | ||
---|---|---|
Min Wage | Min Wage w/ Tip Credit |
|
Colorado | $12.32 | $9.30 |
New Mexico | $10.50 | $2.55 |
Federal | $7.25 | $2.13 |
All Other States: http://www.dol.gov/whd/minwage/america.htm#Colorado |
Deferred Compensation Info | ||
---|---|---|
Max EE Contribution (Per Year) |
Catch Up (EE’s Over 50) |
|
401(k), SEP, 403(b) | $19,500.00 | $6,500.00 |
Simple IRA | $13,500.00 | $3,000.00 |
Mileage | ||
---|---|---|
Federal Mileage Rate | $.56/mile |
Health Savings Account / Flexible Spending Account Maximums: | ||
---|---|---|
H.S.A. Single | $3,600 | |
H.S.A. Family | $7,200 | |
H.S.A. Catch-Up (55+) | $1,000 | |
F.S.A. | $2,750 |