2011 Payroll Taxes Every year, we send our clients a letter summarizing the payroll tax provisions that may affect their business. We welcome you to download  our 2011 Annual Payroll Letter.  It highlights important tax law changes and provides an overview of the complicated filing and reporting requirements. Please review the information it provides then please call us with any questions you may have about these or other tax matters. Also, please feel free to download these frequently used forms as needed:   2011 Form W-4 Federal Withholding Certificate 2011 Form IT-4 Ohio Withholding Certificate 2011 Form MI-W4 Michigan Withholding Certificate 2011 Form I-9 Employment Eligibility Verification Form 2011 Form I-9 Handbook for Employers 2011 School District Income Tax Rates 2011 Form W-9 Request for Taxpayer ID (for subcontractors)   SOCIAL SECURITY WITHHOLDING RATE CHANGE!    The Social Security withholding rate for 2011 has been reduced to a rate of 4.20% with the Social Security wage base remaining unchanged at a limit of $106,800.  Accordingly, the maximum Social Security withholding for 2011 will be $4,485.60.  This is scheduled to be a one-year decrease only.  It is important to note that the employer's portion of Social Security tax will remain at 6.2% for 2011.   In regards to Medicare withholding, both the employer and employee rates will remain 1.45% with an unlimited taxable wage base.   If you have any questions regarding this information, please contact Jackie Roberts at ext. 113.     MINIMUM WAGE INCREASE - STATE OF OHIO The minimum wage in the State of Ohio increases to $7.40 ($3.70 for tipped employees) per hour effective January 1, 2011     BOWLING GREEN INCOME TAX RATE INCREASES TO 2.0% effective January 1, 2011                                          ( Click here to view) EARLY RELEASE of the 2011 "Percentage Method Tables for Income Tax Withholding".  Publication of the usual Circular E and W-4 forms have been delayed due to the above referenced late tax provision changes.  Release of many 2011 forms has been delayed due to late changes in payroll tax laws.  Updated forms will be added to our site as they are made available.