Payroll Virginia, Unique Aspects of Virginia Payroll Law and convention

The Virginia State agency that oversees the range and reporting of State wage taxes deducted from payroll checks is:

Department of Taxation
Division of wage Tax Withholding
P.O. Box 27264
Richmond, Va 23261-7264
(804) 367-8037
http://www.tax.virginia.gov/

Prices Virginia

Virginia requires that you use Virginia form "Va-4, Employee's Virginia wage Tax Withholding Exemption Certificate" instead of a Federal W-4 Form for Virginia State wage Tax Withholding.

Not all states allow wages reductions made under Section 125 bistro plans or 401(k) to be treated in the same manner as the Irs code allows. In Virginia bistro plans are not taxable for wage tax calculation; not taxable for unemployment assurance purposes. 401(k) plan deferrals are not taxable for wage taxes; taxable for unemployment purposes.

In Virginia supplemental wages are required to be aggregated for the state wage tax withholding calculation.

You must file your Virginia state W-2s by magnetic media if you are have at least 250 employees and are required to file your federal W-2s by magnetic media.

The Virginia State Unemployment assurance agency is:

Virginia Employment Commission
Liability Section
P.O. Box 1358
Richmond, Va 23218
(804) 786-1485
http://www.vec.virginia.gov/vecportal/

The State of Virginia taxable wage base for unemployment purposes is wages up to 00.00.

Virginia requires Magnetic media reporting of regular wage reporting if the employer has at least 250 employees that they are reporting that quarter.

Unemployment records must be retained in Virginia for a minimum period of four years. This information generally includes: name; collective security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.

The Virginia State agency charged with enforcing the state wage and hour laws is:

Department of Labor and Industry
Labor and Employment Law Division
13 South 13th St.
Richmond, Va 23219
(804) 371-2327
http://www.dli.state.va.us/

The minimum wage in Virginia is .15 per hour.

There is also no general provision in Virginia State Law exterior paying overtime in a non-Flsa covered employer.

Virginia State new hire reporting requirements are that every employer must description every new hire and rehire. The employer must description the federally required elements of:

Employee's name Employee's address Employee's collective security number Employer's name Employers address Employer's Federal employer Identification whole (Ein)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is no penalty for a late description in Virginia.

The Virginia new hire-reporting agency can be reached at 800-979-9014 or 804-771-9733 or on the web at http://www.va-newhire.com

Virginia does not allow compulsory direct deposit

Virginia requires the following information on an employee's pay stub:

Gross and Net Earnings straight time and overtime pay hours worked purpose of deductions (upon request) itemized deductions

Virginia requires that employee be paid no less often than monthly- salaried employees and hourly employees earning 150% of state's mean weekly wage, if they agree; semimonthly or biweekly-hourly employees.

In Virginia there are no statutory requirements regarding the lag time between when the services are performed and when the employee must be paid.

Virginia payroll law requires that involuntarily concluded employees must be paid their final pay by their next regular payday and that voluntarily concluded employees must be paid their final pay by the next regular payday.

Deceased employee's wages of ,000 must be paid to the surviving spouse; if none, distributees no less than 60 days after death; no qualification of estate.

Escheat laws in Virginia need that unclaimed wages be paid over to the state after one year.

The employer is added required in Virginia to keep a description of the wages abandoned and turned over to the state for a period of 5 years.

There is no provision in Virginia law regarding tip due against State minimum wage.

In Virginia the payroll laws exterior mandatory rest or meal breaks are only that minors under 16 must have 30 minutes rest after five hours of work.

There is no provision in Virginia law regarding description holding of wage and hour records therefore it is probably wise to succeed Flsa guidelines.

The Virginia agency charged with enforcing Child maintain Orders and laws is:

Division of Child maintain Enforcement
Department of collective Services
730 E. Broad St.
Richmond, Va 23219
(804) 692-1900
* [http://www.dss.state.va.us/division/childsupp]

Virginia has the following provisions for child maintain deductions:

When to start Withholding? Next payday after service. When to send Payment? Within 4 days of Payday if Eft is used. When to send Termination Notice? "Promptly" Maximum menagerial Fee? per payment. Withholding Limits? Federal Rules under Ccpa.

Please note that this description is not updated for changes that can and will happen from time to time.

Payroll Virginia, Unique Aspects of Virginia Payroll Law and convention

No comments:

Post a Comment