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As of March 31, 2000, the New York State minimum wage is $5.15 per hour. The cash wage for a food service employee is now $3.30 per hour.

Employment tax rates and wage bases for 1997.

Social Security Tax:

  • Tax Rate - 6.2% each for employers and employees
  • Wage Base - $65,400

Medicare Tax:
  • Tax Rate - 1.45% each for employers and employees
  • All wages subject to Medicare tax
Federal Unemployment (FUTA) Tax:
  • Wax Rate - 6.2% (employers only)
  • Wage Base - $7,000
06/30/99 - NYS Commuter Tax

"Non-New York residents who commute to work in New York City will continue to be subject to the non-resident earnings tax as long as this issue remains before the courts," Commissioner Roth said.

Employers with questions about "commuter tax" withholding may obtain more information by contacting the Tax Department at (800) CALL TAX, or on the Internet at www.tax.state.ny.us.

03/01/98 - NYS Unemployment

You should have been mailed your new SUI rates. The new rates have been lowered. The new minimum rate is 1.5%, the new maximum is 6.4% and the new new business rate is now 3.7%.

10/01/97 - NYS Wage Reporting

You must report all new hires within 20 days. You can mail or fax a copy of the employee's form W4 to:
NYS Dept of Taxation
New Hire Notification
PO Box 15119
Albany, NY 12212-5119
or fax to 518-463-4514
 
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