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Washington State Info
Access Washington offers many online services without the hassle of standing in line. You can order a birth certificate, renew boat/ vehicle licenses, get a business license, reserve a campsite, pay child support, renew a corporation license, replace a driver’s license, order a fish or game license, report a fraud, file and pay state taxes, report a vehicle sales and more. Visit www.access.wa.gov. |
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How long should you keep your records? |
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Rates and Limits
|
2012 Annual Rates
| Social Security Rates |
6.2% (Employer)
4.2% (Employee) |
| Medicare Rates |
1.45% (same for Employer and Employee) |
| Social Security Wage Limit |
$110,100 |
| Medicare Wage Limit |
Unlimited |
| FUTA Taxable Wage Base |
$7,000 |
| FUTA Rate |
0.6% |
| WA Employment Security Wage Limit |
$38,200 |
| WA State Minimum Wage Limit |
$9.04 per hour |
Business Mileage Rate *
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.555 per mile
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*Can be used only if taxpayer owns/leases a passenger auto, van, pickup, or panel truck not for hire (e.g., as a taxi) that was not depreciated under ACRS, MACRS or Sec. 179 in earlier years.
IRS Payroll Forms
2012 Qualified Retirement Plan Limits
| Pretax contributions for 401(k) and SEP plans and 403(b) annuities |
$17,000 |
| Workers aged 50 and over (catch-up) |
$ 5,500 |
| Pretax contributions for Simple plans |
$ 11,500 |
Workers aged 50 and over (catch-up) for Simple Plans
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$ 2,500
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2012 Section 179
| Maximum election |
$125,000 |
Important IRS Phone Numbers
| For small corporations, partnerships and trust, including applications for a new EIN or help on employment taxes |
800-829-4933 |
| Tax Help Line for Individuals |
800-829-1040 |
| Business and Specialty Tax Line |
800-829-4933 |
| Refund Hotline |
800-829-1954 |
National Taxpayer Advocate’s Help Line
|
877-777-4778
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Note: Forms and Publications can be accessed at www.irs.gov.
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