Updates to 2024 Federal Taxes
IRS has updated tax brackets for 2024. See how this affects your first paycheck this year!
Looking for Hawaii state tax information? We provide the latest resources on state tax, unemployment, income tax and more.
Looking for Hawaii state tax information? We provide the latest resources on state tax, unemployment, income tax and more.
Withholding Requirements Register as an employer by filing Form GEW-TA-RV-3 or register online by clicking here. Employee's Withholding Allowance and Status Certificate HW-4
Withholding Method = formula.
Supplemental Rate = Add to regular wages for current or preceding payroll period, compute tax on total, and subtract tax withheld from regular wages.
Local Taxes None.
State Tax Unemployment Insurance Contribution rate Schedule C.
Wage base is for $42,200 for 2016.
Rates range from 0.2% to 5.6% for 2016
.
New employers use 2.4% for 2016. Employment and training fund assessment/interest payment assessment is 0.01% for 2016.
State Disability Wage Base is $982.36 and maximum employee withholding is $4.91 for 2016.Rate is 0.50% of wages.
State Labor Laws
Minimum Wage - $7.25 per hour.
Termination Pay - Fired - at once, or next day if conditions prevent immediate payment. Quit - next regular payday or immediately if employee gave one pay period's notice.
Employers must report hiring, rehiring, and return to work within 20 days on Form UC-BP-5(A) (Report of New Hires) to:Kakuhihewa Building 601 Kamokila Blvd., Suite 251 Kapolei, HI 96707
Phone: (808) 692-7029
Fax: (808) 692-7001
Child Support Child Support Enforcement Agency Department of the Attorney General
P.O. Box 1860 Honolulu, HI 96805-1860808-587-3695
To report online, click here.
State Tax Resources Hawaii Department of Taxation.
Hawaii Department of Labor and Industrial Relations.
IRS has updated tax brackets for 2024. See how this affects your first paycheck this year!
Check out the updated 2024 Federal benefit limits for 401(k), HSA, and simple IRA, and more. Stay informed and plan your finances with confidence!
New updates to the 2023 and 2024 401k contribution limits. Use a free paycheck calculator to gain insights to your 401k and financial future.