Payroll South Dakota, Unique Elements of South Dakota Payroll Law and Practice
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South Dakota has no State Earnings Tax. There for there is no State Agency to oversee withholding deposits and reports. There are no State W2's to file, no supplement wage withholding rates and no State W2's to file.
Not all states let salary reductions made beneath Section 125 cafeteria plans or 401(k) to be treated in the partner sites exact same manner as the IRS code enables. In South Dakota cafeteria plans are taxable for unemployment insurance purposes. 401(k) strategy deferrals are taxable unemployment purposes.
South Dakota does not have income tax.
The South Dakota State Unemployment Insurance Agency is:
Department of Labor
Unemployment Insurance coverage Division
Box 4730, 420 S. Roosevelt St.
Aberdeen, SD 57402-4730
(605) 626-2452
www.state.sd.us/dol/ui/ui-property.htm
The State of South Dakota taxable wage base for unemployment purposes is wages up to $7,000.00.
South Dakota has optional reporting of quarterly wages on magnetic media.
Unemployment records need to be retained in South Dakota for a minimal period of four years. This data normally contains: name social safety number dates of employ, rehire and termination wages by period payroll spend periods and pay dates date and circumstances of termination.
The South Dakota State Agency charged with enforcing the state wage and hour laws is:
Department of Labor
Division of Labor and Management
700 Governors Dr.
Pierre, SD 57501-2291
(605) 773-3681
www.state.sd.us/dol/dol.htm
The minimum wage in South Dakota is $5.15 per hour.
There is also no general provision in South Dakota State Law covering paying overtime in a non-FLSA covered employer.
South Dakota State new employ reporting requirements are that each and every employer need to report each and every new employ and rehire. The employer must report the federally needed components of:
Employee's name
Employee's address
Employee's social security number
Employer's name
Employers address
Employer's Federal Employer Identification Quantity (EIN)
This data need to be reported inside 20 days of the hiring or rehiring.
The info can be sent as a W4 or equivalent by mail, fax or electronically.
There is a civil proceeding for a petty offense for a late report in South Dakota.
The South Dakota new hire-reporting agency can be reached at 888-827-6078 or on the internet at Dakota does allow compulsory direct deposit but the employee's alternative visit of monetary institution need to meet federal Regulation E regarding selection of financial institutions.
South Dakota has no State Wage and Hour Law provisions regarding pay stub information.
South Dakota requires that employee be paid no much less typically than monthly.
In South Dakota there are no statutory specifications concerning the lag time among when the services are performed and when the employee should be paid.
South Dakota payroll law demands that involuntarily terminated staff need to be paid their final pay by next standard payday if all employer property is returned and that voluntarily terminated staff ought to be paid their final pay by the subsequent typical payday if all employer property is returned.
There is no provision in South Dakota law concerning paying deceased workers.
Escheat laws in South Dakota require that unclaimed wages be paid over to the state following one year.
The employer is additional necessary in South Dakota to keep a record of the wages abandoned and turned more than to the state for a period of ten years.
South Dakota payroll law mandates no far more than $3.02 may possibly be utilised as a tip credit.
In the South Dakota payroll law there is no provision covering required rest or meal periods.
South Dakota statute demands that wage and hour records be kept for a reasonable period. These records will typically consist of at least the information necessary beneath FLSA.
The South Dakota agency charged with enforcing Kid Assistance Orders and laws is:
Workplace of Kid Assistance Enforcement
Department of Social Solutions
700 Governor's Dr.
Pierre, SD 57501-2291
(605) 773-3641
Dakota has the following provisions for kid help deductions:
When to start Withholding? instant payday loan article Next payday following service.
When to send Payment? Within 7 days of Payday.
When to send Termination Notice? Within five days of termination.
Maximum Administrative Fee? no provision
Withholding Limits? 50% of income.
Please note that this post is not updated for modifications that can and will take place from time to time.
