| The Kentucky State Agency that oversees
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| | 804-771-9602 or on the web at
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| the collection and reporting of State
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| | Kentucky does not allow compulsory direct
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| income taxes deducted from payroll checks
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| | deposit
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| is:
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| | Kentucky requires the following
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| Revenue Cabinet
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| | information on an employee's pay stub:
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| 200 Fair Oaks Lane
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| | - Gross and Net Earnings
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| Frankfort, KY 40601-1134
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| | - purpose of deductions
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| (502) 564-7287
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| | Kentucky requires that employee be paid
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| Kentucky requires you to use the Federal
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| | no less often than semimonthly, less
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| "K-4 Employee Withholding Exemption
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| | frequently for FLSA-exempt employees.
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| Certificate" form to calculate state
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| | Kentucky requires that the lag time
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| income tax withholding.
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| | between the end of the pay period and the
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| Not all states allow salary reductions
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| | payment of wages to the employee not
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| made under Section 125 cafeteria plans or
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| | exceed eighteen days.
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| 401(k) to be treated in the same manner
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| | Kentucky payroll law requires that
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| as the IRS code allows. In Kentucky
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| | involuntarily terminated employees must
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| cafeteria plans are not taxable for
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| | be paid their final pay with in later of
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| income tax calculation; taxable for
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| | next regular payday or 14 days and that
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| unemployment insurance purposes. 401(k)
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| | voluntarily terminated employees must be
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| plan deferrals are not taxable for income
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| | paid their final pay later of next
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| taxes; taxable for unemployment purposes.
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| | regular payday or 14 days.
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| In Kentucky supplemental wages are
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| | Deceased employee's wages must be paid
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| required to be aggregated for the state
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| | when normally due to the surviving spouse
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| income tax withholding calculation.
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| | or custodian of minor children if there
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| You must file your Kentucky state W-2s by
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| | is no will and estate is not over
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| magnetic media if you are have at least
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| | $15,000.
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| 250 employees and are required to file
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| | Escheat laws in Kentucky require that
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| your federal W-2s by magnetic media.
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| | unclaimed wages be paid over to the state
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| The Kentucky State Unemployment Insurance
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| | after seven years.
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| Agency is:
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| | The employer is further required in
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| Department for Employment Services
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| | Kentucky to keep a record of the wages
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| 275 E. Main St., 2nd Fl. E.
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| | abandoned and turned over to the state
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| Frankfort, KY 40621
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| | for a period of 5 years.
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| (502) 564-2900
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| | Kentucky payroll law mandates no more
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| The State of Kentucky taxable wage base
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| | than $3.02 may be used as a tip credit.
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| for unemployment purposes is wages up to
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| | In Kentucky the payroll laws covering
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| $8000.00.
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| | mandatory rest or meal breaks are that
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| Kentucky requires Magnetic media
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| | employees must have a reasonable meal
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| reporting of quarterly wage reporting if
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| | period within 3-5 hours after shift
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| the employer has at least 250 employees
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| | starts; 10-minute rest each 4 hours;
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| that they are reporting that quarter.
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| | minors: 30-minute meal period after 5
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| Unemployment records must be retained in
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| | hours.
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| Kentucky for a minimum period of six
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| | Kentucky statute requires that wage and
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| years. This information generally
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| | hour records be kept for a period of not
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| includes: name; social security number;
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| | less than one year. These records will
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| dates of hire, rehire and termination;
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| | normally consist of at least the
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| wages by period; payroll pay periods and
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| | information required under FLSA.
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| pay dates; date and circumstances of
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| | The Kentucky agency charged with
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| termination.
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| | enforcing Child Support Orders and laws
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| The Kentucky State Agency charged with
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| | is:
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| enforcing the state wage and hour laws
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| | Child Support Enforcement Commission
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| is:
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| | Office of the Attorney General
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| Labor Cabinet
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| | 700 Capitol Ave., Ste. 118
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| Division of Employment Standards,
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| | Frankfort, KY 40601
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| Apprenticeship and Training
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| | (800) 248-1163
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| 1047 U.S. 127 South, Ste. 4
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| | Kentucky has the following provisions for
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| Frankfort, KY 40601-4381
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| | child support deductions:
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| (502) 564-3070
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| | - When to start Withholding? Order
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| The minimum wage in Kentucky is $5.15 per
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| | specifies date to begin.
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| hour.
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| | - When to send Payment? Date noted in
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| The general provision in Kentucky
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| | order.
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| concerning paying overtime in a non-FLSA
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| | - When to send Termination Notice?
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| covered employer is one and one half
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| | "Promptly."
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| times regular rate after 40-hour week.
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| | - Maximum Administrative Fee? $1 per
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| Kentucky State new hire reporting
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| | payment.
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| requirements are that every employer must
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| | - Withholding Limits? 50% of
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| report every new hire and rehire and job
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| | disposable earnings.
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| refusals. The employer must report the
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| | Please note that this article is not
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| federally required elements of:
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| | updated for changes that can and will
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| - Employee's name
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| | happen from time to time.
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| - Employee's address
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| | Charles J. Read, CPA has been in the
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| - Employee's social security number
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| | payroll, accounting and tax business for
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| - Employer's name
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| | 30 years,the last fifteen in private
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| - Employers address
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| | practice. Mr. Read is the author of "Tax
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| - Employer's Federal Employer
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| | and Accounting Issuesin Forming a New
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| Identification Number (EIN)
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| | Business."
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| This information must be reported within
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| | To find professional payroll services at
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| 20 days of the hiring or rehiring.
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| | a budget price go to paperless payroll
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| The information can be sent as a W4 or
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| | company.
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| equivalent by mail, fax or
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| | For a full service payroll bureau with
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| electronically.
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| | CPA's on staff visit .
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| There is a $250.00 penalty for 3rd and
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| | See an excerpt of Mr. Read's interviews
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| later offenses for a late report in
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| | from William Shatner's "Heartbeat of
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| Kentucky.
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| | America"television show on the web sites
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| The Kentucky new hire-reporting agency
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| | linked above.
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| can be reached at 800-817-2262 or
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| |
|
