RE: [tax] FW: standard format for payroll tax tables

["Jaslow, Kenneth M" <kjaslow@kpmg.com>]

Title: Re: [tax] FW: standard format for payroll tax tables

Andy,

 

I'm not a payroll tax expert, but here is some background information on the payroll tax tables.  In the US, an employer withholds taxes from a employees paycheck for Federal, state and local income taxes that are later remitted to the taxing jurisdiction.  The amount withheld is based on the number of elections and the frequency of an employee's paycheck.  Hence, there are multiple tables for each tax jurisdiction.  The tables would be updated as needed based on legislative changes to the tax rates.  Not sure of the frequency, but I would assume at least once a year.

 

Regards,

Ken

-----Original Message-----
From: Andy Greener [mailto:andy@gid.co.uk]
Sent: Monday, October 18, 2004 4:44 PM
To: Sylvia Webb
Cc: tax@lists.oasis-open.org
Subject: Re: [tax] FW: standard format for payroll tax tables

It would be really helpful if someone from the US could explain what

these tax tables are exactly, and what the update mechanism is. Thanks!

        Andy

At 11:44 am -0700 18/10/04, Sylvia Webb wrote:

> FYI,
>  
> Sylvia 
>   Webb
>

---

> From: Tigers Mailing List 
>   [mailto:tigers@lists.taxadmin.org] On Behalf Of Jonathan 
>   Lyon
> Sent: Monday, October 18, 2004 11:13 AM
> To: 
>   TIGERS
> Subject: standard format for payroll tax 
>   tables
> Interested, anyone?
> Jonathan 
>   Lyon
> FTA
> _________
> Tracy,
> A 
>   standard format for payroll tax tables really would be useful. I imagine this 
>   principally would require an agreement among the federal, state, local tax 
>   entities and payroll software vendors. While HR-XML would not take on this 
>   type of payroll tax table project, it might possibly be of interest to the 
>   TIGERS group within ASC X12. This is a group that does have representation 
>   from federal and some state taxing authorities as well as major payroll 
>   vendors.
> I've 
>   copied the chair of the TIGERS workgroup who might be able to tell you if a 
>   project of this type has been discussed.
> Best 
>   Regards,
> Chuck 
>   Allen
> Director, HR-XML Consortium, Inc.

---

> From: Paul Kiel 
>   [mailto:paul@hr-xml.org]
> Sent: 
>   Monday, October 18, 2004 10:14 AM
> To: 'Tracy 
>   Williams'
> Cc: kim@hr-xml.org; Chuck Allen - 
>   hrxml
> Subject: RE: HR-XML Quick Question 
> (payroll)
> Hi 
>   Tracy,
> Apologies for the delayed reply - I was in Chicago at our latest 
>   meeting most of last week.
> While 
>   there have been several attempts to address more of the payroll transactions 
>   that are of interest to members (i.e. general ledger has been brought up 
>   numerouos times), there is no current payroll related activity within the 
>   Consortium right now.  Having said this, we are member driven, so if you 
>   were to join the Consortium and find like minded folks with an interest in 
>   standardizing specific transactions, we would certainly welcome new 
>   activity. 
> I'll 
>   also pass on your question to our payroll email list to share with 
>   them.
> Cheers,
> Paul 
>   Kiel
> W. Paul 
>   Kiel
> HR-XML 
>   Consortium
> 919-846-0224
> paul@hr-xml.org
> -----Original 
>   Message-----
> From: Tracy Williams [mailto:taw@datatel.com]
> Sent: 
>   Monday, October 11, 2004 5:53 PM
> To: paul@hr-xml.org
> Subject: HR-XML Quick Question
> Are there any plans in the works 
>   for an HR-XML schema for payroll tax table updates that need to be updated 
>   within each payroll system from federal/state/local entities to employers? 
>    That would be very helpful information if this is being planned or is in 
>   the works.
>
> Thank you for any information you can 
>   provide!
>
> Tracy Williams, M.A.
> Human Resource 
>   Product Manager
> Datatel, Inc.
> How higher education does 
>   business.
> Voice: 703.227.1141
> Fax: 703.968.4573
> E-mail: taw@datatel.com

-- 

Andy Greener                         Mob: +44 7836 331933
GID Ltd, Reading, UK                 Tel: +44 118 956 1248
andy@gid.co.uk                       Fax: +44 118 958 9005

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