Financial Officers

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

Information for Ohio Local Union & CAP Council Financial Secretaries

All Ohio local unions and CAP Councils:

Effective January 1, 2015, all Ohio local unions and CAP Councils are required to file and remit payment for state and school district income tax withholding returns electronically via the Ohio Business Gateway.

Click on the letter below for more information.

PDF iconOhio Taxes E-Filing

IMPORTANT NOTICE REGARDING PER CAPITA TAXES

The one half hour dues increase adopted at the 36th Constitutional Convention in June 2014 should only be forwarded to the Strike and Defense Fund as detailed in Article 16, Section 5(b) of the Constitution.

This extra half hour should not be included in the calculations when determining per capita taxes to any other affiliates (i.e. Region 2B Article 23 Exchange, IPS Councils or any other Council subject to a percentage calculation rather than a cents per member calculation). Per capita taxes to these affiliates should only be paid on the normal equivalent of 2 hours pay.

2017 Standard Mileage Rates for Business, Medical and Moving Announced

The Internal Revenue Service issued the 2017 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, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
• 53.5 cents per mile for business miles driven, down from 54 cents for 2016
• 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016