Form I-9 Can Be Used After June 30 Expiration Date

USCIS has announced that the current Form I-9, Employment Eligibility Verification, will continue to be valid for use beyond its stated expiration date of June 30, 2009, while the Office of Management and Budget considers a request from USCIS to approve continued use of the form. Once approval is granted, USCIS will update Form I-9, and employers will be able to use the newly revised form or the current form, which has a revision date of 2/2/09.

Forecast: Wage Base Flat in 2010-2011

On May 12, the Board of Trustees of the Social Security Trust Fund issued its annual report on the financial condition of the social security program. The report estimates that the social security wage base will remain at $106,800 in 2010 and 2011, and that the trust funds will become exhausted in 2037, four years sooner than the estimate in last year's report. Read an article about the report.

New Stimulus Law Means New Withholding Tables

The centerpiece of the American Recovery and Reinvestment Act, enacted February 17, 2009, is a $400 individual "Making Work Pay" income tax credit ($800 for joint filers) for 2009 and 2010 that will be distributed through reduced withholding from workers' paychecks. Read an article about the new law.

Twelve months of reduced withholding for 2009 will be accomplished in a compressed timeframe through new tables issued February 21, 2009, with extra reduced withholding. Download the new 2009 withholding tables.

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