Financial Officers

LM and 990 Due Dates

Please be aware of the due dates for LM and 990.  They are as follows:

LM is due March 31, 2020

990 is due May 15, 2020

If you have any questions, please contact your auditor.  

Jim Stanton - [email protected]

Scott Edwards - [email protected]

George Nalevanko - [email protected]

PREFERRED WAY TO SUBMIT YOUR REPORTS

Please read instructions for preferred way to submit your LM's, 990's, and semi-annual audits.

2020 STANDARD MILEAGE RATES FOR BUSINESS, MEDICAL & MOVING

January 2, 2020

The Internal Revenue Service today issued the 2020 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

2019 STANDARD MILEAGE RATES FOR BUSINESS, MEDICAL & MOVING

December 14, 2018

The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

Earnings Ceilings and Tax Rates for Social Security and Medicare Taxes (FICA)

TO:     ALL UAW LOCAL UNION FINANCIAL SECRETARIES

The Internal Revenue Service Code sets forth Federal Insurance Contributions Act (FICA) taxes on wages earned.  FICA taxes consist of the Old-Age, Survivors and Disability Insurance tax (OASDI) (referred to as Social Security) and the Hospital Insurance tax (HI) (referred to as Medicare).  These taxes are imposed on both the employer and employee.

The 2019 rate for Social Securtiy tax remains at 6.2% and will be withheld until an employee's gross wages reach $132,900.00.  The employer's share remains 6.2%.

2018 STANDARD MILEAGE RATES FOR BUSINESS, MEDICAL AND MOVING ANNOUNCED

 The Internal Revenue Service issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

From the Desk of the Auditor: For Indiana Locals

Effective January 1, 2013, ALL Indiana businesses MUST file and pay their Indiana sales and withholding taxes electronically.

For more information, go to www.in.gov/dor/files/quick-start-full-page.pdf to download the "INtax QuickStart Guide."

From the Desk of the Auditor: For Ohio Locals - Change in Income Tax Withholding

Ohio has reduced income tax withholding rates by 1% effective with payroll periods ending on or after July 1, 2014.

Below is a link to details from the Ohio Department of Taxation, including a link to tax tables.  

PDF iconOhio Employer Tax Withholding Tables- Revised July 1, 2014