Payroll Wyoming, Unique Aspects of Wyoming Payroll Law and Practice

has no State Income Tax.There for there is nomonth; from 16th-end of month, pay by 15th of
State Agency to oversee withholding deposits andnext month; state employees on direct
reports.There are no State W2's to file, nodeposit-wages earned during month pay on last
supplement wage withholding rates and no Stateworking day of month, for hourly and state
W2's to file.Not all states allow salary reductionsuniversity employees, wages earned from 16th of
made under Section 125 cafeteria plans or 401(k)previous month-15th of current month pay on last
to be treated in the same manner as the IRSworking day of month; state employees not on
code allows.In Wyoming cafeteria plans are notdirect deposit-paychecks mailed by last working
taxable for unemployment insurance purposes.day of month.Wyoming payroll law requires that
401(k) plan deferrals are taxable unemploymentinvoluntarily terminated employees must be paid
purposes.Wyoming doesn't have income tax. Thetheir final pay with in 5 working days; next regular
Wyoming State Unemployment Insurance Agencypayday if suspended due to labor dispute or
is:Department of EmploymentUnemploymenttemporarily laid off. Voluntarily terminated
Resources DivisionP.O. Box 2760Casper, WYemployees must be paid their final pay within 5
82602(307) 235-3253 State of Wyoming taxableworking days. There is no provision in Wyoming
wage base for unemployment purposes is wageslaw concerning paying deceased
up to $15,900.00. Wyoming has optional reportingemployees.Escheat laws in Wyoming require that
of quarterly wages on magneticunclaimed wages be paid over to the state after
media.Unemployment records must be retained inone year.The employer is further required in
Wyoming for a minimum period of four years.ThisWyoming to keep a record of the wages
information generally includes: name; social securityabandoned and turned over to the state for a
number; dates of hire, rehire and termination;period of 5 years.Wyoming payroll law mandates
wages by period; payroll pay periods and payno more than $3.02 may be used as a tip credit.In
dates; date and circumstances of termination.Thethe Wyoming payroll law there is no provision
Wyoming State Agency charged with enforcingcovering required rest or meal periods.Wyoming
the state wage and hour laws is:Department ofstatute requires that wage and hour records be
EmploymentLabor Standards/Fair Employmentkept for a period of not less than two
Program6101 Yellowstone Rd.Room 259C, N.years.These records will normally consist of at
Bldg.Cheyenne, WY 82002(307) 777-7261least the information required under FLSA.The
minimum wage in Wyoming is $5.15 perWyoming agency charged with enforcing Child
hour.There is no general provision in WyomingSupport Orders and laws is: Child Support
State Law covering paying overtime in aEnforcement ProgramState Department of Family
non-FLSA covered employer. Wyoming StateServices2300 Capitol Ave.Hathaway Bldg., 3rd
new hire reporting requirements are that everyFl.Cheyenne, WY 82002-0490(307) 777-6948 has
employer must report every new hire andthe following provisions for child support
rehire.The employer must report the federallydeductions:When to start Withholding?First pay
required elements of:Employee's nameEmployee'speriod after service.When to send
addressEmployee's social securityPayment?Within 7 days of Payday.When to send
numberEmployer's nameEmployersTermination Notice?Within 30 days of
addressEmployer's Federal Employer Identificationtermination.Maximum Administrative Fee?$5 per
Number(EIN) This information must be reportedpayment.Withholding Limits?Federal Rules under
within 20 days of the hiring or rehiring.TheCCPA.Please note that this article is not updated
information can be sent as a W4 or equivalent byfor changes that can and will happen from time to
mail, fax or electronically.There is no penalty for atime.
late report in Wyoming.The Wyoming newCharles J. Read, CPA has been in the payroll,
hire-reporting agency can be reached ataccounting and tax business for 30 years, the last
800-970-9258 or 307-638-1675 or on the web atfifteen in private practice.
does not allow compulsory direct deposit.Mr. Read is the author of "How to Start a New
Wyoming requires the following information on anBusiness."
employee's pay stub:itemized deductionsWyomingTo find professional payroll service at a budget
requires that employee be paid no less often thanprice go to a paperless payroll company.
on regular paydays; semimonthly for railroads,For a full service payroll bureau with CPA's on
mines, refineries, oil and gas production, factories,staff visit .
mills.Wyoming requires that the lag time betweenSee an excerpt of Mr. Read's interviews from
the end of the pay period and the payment ofWilliam Shatners "Heartbeat of America" television
wages earned from 1st-15th, pay by 1st of nextshow on the web sites linked above.