Payroll Florida Unique Aspects of Florida Payroll Law & Practice

Florida has No State Income Tax. There for there is no State Agency to oversee withholding deposits and reports. There are no State W2s to file, no supplement wage withholding rates and no State W2s to fileNot all states allow salary reductions made under Section 125 cafeteria plans or 401k to be treated in the same manner as the IRS code allows. In Florida cafeteria plans are not taxable for unemployment insurance purposes. 401k plan deferrals are taxable unemployment purposes. The Florida State Unemployment Insurance Agency isAgency for Workforce Innovation102 Caldwell Bldg. 107 E. Madison St. Tallahassee, FL 3239902118504887228The State of Florida taxable wage base for unemployment purposes is wages up to dollar7,000. 00. Florida requires Magnetic media reporting of quarterly wage reporting if the employer has at least 10 employees that they are reporting that quarter. Unemployment records must be retained in Florida for a minimum period of five years. This information generally includes name social security number dates of hire, rehire and termination wages by period payroll pay periods and pay dates date and circumstances of termination. The Florida State Agency charged with enforcing the state wage and hour laws isAgency for Workforce Innovation107 E. Madison St. Caldwell Bldg. Tallahassee, FL 3239902118502457105There is no provision for minimum wage in the State of Florida. There is also no general provision in Florida State Law covering paying overtime in a nonFLSA covered employer. Florida State new hire reporting requirements are that every employer must report every new hire and rehire. The employer must report the federally required elements ofEmployees nameEmployees addressEmployees social security numberEmployers nameEmployers addressEmployers Federal Employer Identification Number EIN AndDate of hireOptionally Date of birthThis information must be reported within 20 days of the hiring or rehiring. The information can be sent as a W4 or equivalent by mail, fax or electronically. There is a no penalty for a late report in Florida. The Florida new hire-reporting agency can be reached at 8888544791