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Are you starting a new business? Have you thought about where you would like to start a business? Learn more about the best small cities to start a business.
Read all about South Dakota's withholding requirements, local taxes, state labor laws and more below.
Read all about South Dakota's withholding requirements, local taxes, state labor laws and more below.
Withholding Requirements Register as an employer by clicking here. No withholding tax in South Dakota. Withholding Method = NA. Supplemental Rate = NA.
Local Taxes: None.
State Tax Unemployment Insurance: Reserve ratio formula.
Wage base is $15,000 for and 2016.
Rates range from 0.00% to 9.5%.
New e mployers pay 1.75% for 2016.
New construction employers pay 6.00%.
Investment fee for experience rated employers ranges from 0 to .53%.
State Disability Insurance: None.
State Labor Laws:
Minimum wage - Effective January 1, 2016 the minimum wage will be $8.55.
Termination Pay - Fired/Quit - next regular payday or when employee returns employer property.
Employers must report hiring, rehiring, and return to work within 20 days on Form W-4 (or equivalent) to:
New Hire Reporting Center SD Department of Labor and Regulation
P.O. Box 4700 Aberdeen, SD 57402-4700
Phone: 888-827-6078
Fax: 888-835-8659
To report online, click here.
Child Support: South Dakota Department of Social Services Division of Child Support 700 Governors Drive, Suite 84 Pierre, SD 57501-2291
Phone: 605-773-3165
To report online, click here.
Reciprocal States: None.
Other Resources: South Dakota Department of Revenue and Regulation. Department of Labor.
Are you starting a new business? Have you thought about where you would like to start a business? Learn more about the best small cities to start a business.
Your filing status is perhaps the most important piece of information when it comes to tax withholding. Learn which filing status applies to you.
How often should you submit a new W-4? What is your filing status? In this article, we break down some of the most common W-4 questions.